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May 18, 2021

Germany: Is the lumber price rally long-lasting?

Germany: Is the lumber price rally long-lasting?
The coronavirus crisis has hit many sectors of the economy in Germany, but the lumber industry certainly isn't one of them. Prices for wood products have gone up markedly in recent months. But why?    Andreas Melzer runs a sawmill in Rüdersdorf just outside Berlin. The fact that a lot more people have engaged in DIY projects at home during the coronavirus pandemic means his order books are full.    Asked about media reports suggesting a severe shortage of wood on the market, the entrepreneur insists he hasn't had to worry ...

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