Suz-Anne Kinney
The MarketWatch Blog is Transitioning to ResourceWise Forest Products
Forest2Market: July 14, 2023
Mounting problems with Europe’s banks, slowing international trade and rising unemployment in most countries indicate the end of the ongoing global economic downturn is not yet in sight. But greater thrift and a reduction in the abuse of credit by the private sector are just two of the positive changes we see resulting from this challenging time. With housing at historically high affordability levels, that market could experience a rebound by year’s end. Oil prices are expected to trend higher as OPEC’s production cuts gradually offset diminished demand.
In February, the wood and paper products industries continued to struggle, with overall activity, new orders, production and employment all losing ground (see chart). A recovery of both the housing market and the global economy will have to begin before the numbers reverse trend. The economic outlook remains bleak.
Read more about the Forest2Market Economic Outlook
Wood Remains the Preferred, Primary Renewable Energy Source in Europe
John Greene : March 16, 2016
As we recently noted, the global resurgence in wood production has been driven in part by the popularity and expansion of wood pellets, which are...
Surplus of Beetle-Damaged Timber Impacting European Forest Industry
Over the last several decades, a combination of devastating wildfires and pest infestations have destroyed millions of acres of timber in the western...
Russia's War is Changing Wood Pellet Market Dynamics in Europe
Håkan Ekström : November 9, 2022
The international trade of wood pellets has increased yearly for over ten years thanks to growing demand in Europe and Asia. Although shipments in...