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August 19, 2021

Soaring lumber prices in US give European sawmills a big boost in H1/2021

Soaring lumber prices in US give European sawmills a big boost in H1/2021
Facing unprecedented lumber prices at home, US importers have massively purchased lumber from Europe in the first half of 2021.    The frenzy comes after record US lumber imports from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventories. Lumber prices in North America have reached new peaks on a near daily basis in the first half, quadrupling from just a year ago.    The USA purchased definitely more softwood lumber from Europe again in January-June 2021 than it had in the same period of 2020 ...

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