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July 26, 2021

Lumber price fall in US could hit European markets soon

Lumber price fall in US could hit European markets soon
The price rally of softwood lumber is receding, experts of the Estonian wood industry believe. However, opinions differ as to how quickly the lower price reaches the markets.    According to Martin Arula, CEO of the Estonian wood industry company Toftan, in addition to the USA, prices are also falling in Europe and Asia. This can also be seen only in the figures for this quarter of their company.    "We are not expecting the current price increases to continue in the third quarter. We have one hundred customers around the world, which have ...

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