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UPM's Kaukas sawmill in Lappeenranta is currently at a standstill.

According to UPM Timber's communications, the sawmill is closed due to the market situation. The shutdown began on Monday of this week.

* translated from: https://yle.fi/a/74-20188716?utm_source=social-media-share&utm_medium=social&utm_campaign=ylefiapp

In addition to Kaukas, the Alholma sawmill in Pietarsaari and the Seikkum sawmill in Pori may also experience several weeks of downtime during the rest of the year. However, no such downtime is planned for the Korkeakoski sawmill in Juupajoki.

Maaseudun Tulevaisuus previously reported on the restrictions on the operations of UPM sawmills .

According to the newspaper, UPM Timber has told its customers that the situation is due to the high price of wood, the uncertainty of the global operating environment, and low construction activity worldwide.

According to the company's communications, the length and timing of downtimes are constantly reviewed. During downtimes, maintenance work can be carried out at the sawmills, for example.

The company is currently commenting sparingly on the situation at the sawmills, as the listed company is in a quiet period prior to its earnings announcement.

UPM:n pisti sahan seisokkiin Kaukaalla – markkinatilanne uhkaa muitakin yhtiön sahoja Myös kahdelle muulle sahalle voi tulla seisokkeja loppuvuoden aikana.

Timber trade was sluggish at the end of the summer, says the Finnish Forest Industry.

The trade association's member companies purchased 4.8 million cubic meters of wood from private forests in July–September, which is 42 percent less than in the same quarter last year.

Timber sales were down by a third compared to the five-year average. At the same time, log prices fell by 4–5 percent from the previous quarter's record levels.

Translated from yle.fi

Koskisen sales day

Finnish exports decline
China is increasingly using Russian timber in its construction projects, as Finnish timber exports to the country are declining, reports Maaseudun Tulevaisuus. Instead, China has upped timber imports from Belarus and the United States.

Finnish-sawn timber exports to China fell by almost a third last year, according to the agricultural paper.

China's customs statistics show Finland exporting 621,000 cubic meters of timber to China last year, a 29 percent drop compared to 2023. Russia is China's main source of foreign timber, accounting for two-thirds of the total.
Sourrce: yle.fi

Industrial strikes set to spread, beginning on Sunday night The Industrial Union issued new strike warnings on Friday before contract negotiations resumed at the state labour mediator's office.

Possible strike early 2025 in Finnish sawmills!

Fresh strike warning from Industrial Union The union is asking for pay rises of 10 percent over two years.

https://yle.fi/a/74-20107339

Stora Enso suspends logging in protected areas around Finland The firm has faced heavy criticism after a logging machine destroyed a critical habitat for extremely endangered freshwater pearl mussels in the Kainuu region last week.