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March 12, 2019

Global softwood lumber trade fell 7% in 2018

Global softwood lumber trade fell 7% in 2018
In 2018, global trade of lumber fell for the first time in five years, with total trade down seven percent y-o-y to an estimated 115 million m3.    US lumber prices have gone through a historical roller-coaster ride over the past 12 months. Average prices for pine in the US South were at about $420/m3 in January 2018, peaked at $554/m3 in June and fell to $372/m3 in early 2019.    Softwood lumber exports from Canada were down 5% y-o-y in 2018, with the biggest decline ...

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