At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.
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We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
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By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.
Timber industry has been badly affected by Corona Virus
Posted on April 1, 2020
Container shortages is affecting trade with Asia and Trucking in Europe is affected by long queues at the borders. USA exchange traded futures have dropped by 30% making sawmill unprofitable since the end of February 20 million jobs might be lost in the US and unemployment might be the highest since the great depression in 1929-1933 Finland has seen finished goods warehouse decrease by half a million cubic meters Swedish Employment Service estimates that about 20,000 jobs might be lost Overall around the globe consumption is expected to decline by 3% in 2020 as compared to 2019 Inventories are expected to increase in the next few weeks, which will lead to falling prices. Housing starts might decline by double-digit with market share of single-family house might increase in the medium-term as people may want to live farther apart from each other. Logs prices which were on the rise at the beginning of 2020 might go down An extended crisis might lead to permanent capacity closures and also reduction of logging and transport capacity In China however, recovery is expected to begin soon and industry is hopeful that demand for wood products may start to increase with demand from real estate and construction sector Recently, China has started to increase industrial production, export, investment and consumption which stand between 15% and 25%.