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October 12, 2026

GWMI October Market Pulse: Global lumber markets show early signs of stabilisation

The international wood industry enters the final quarter of 2026 with weak construction demand, expensive sawlogs and further production cuts. Yet recent assessments from producers, traders and market analysts suggest that parts of the lumber market may be approaching a more stable position.

Through its October market survey, GWMI gathered industry perspectives from Europe, North America and Asia. They point to a market in which reduced output and low inventories are beginning to support selected lumber prices, while profitability remains a serious concern.

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