Stud
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The global outlook for the 2014 lumber market
The outlook for global lumber markets hinge on demand forces in the key consuming regions of the world. More specifically, it will be the lumber demand trends in the U.S., China and Western Europe that will shape global markets in 2014 and beyond. The following analysis by International Wood Markets Group (IWM) is derived from its consultants' extensive travels and market investigations. While the supply dynamics are becoming more constrained in some areas, the ability for sawmill capacity to ramp up production is an all too familiar dynamic that continues to over-shadow the global lumber market. However, if global demand can achieve a 4% (or higher) gain in 2014, the outlook should be very good for lumber and sawnwood prices. While there will be a definite tightening in supply side dynamics in Canada, U.S. output is expected to drive lumber production over the coming five-year... Continue reading
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January 7, 2014
The global outlook for the 2014 lumber market
The outlook for global lumber markets hinge on demand forces in the key consuming regions of the world. More specifically, it will be the lumber demand trends in the U.S., China and Western Europe that will shape global markets in 2014 and beyond. The following analysis by International Wood Markets Group (IWM) is derived from its consultants' extensive travels and market investigations. While the supply dynamics are becoming more constrained in some areas, the ability for sawmill capacity to ramp up production is an all too familiar dynamic that continues to over-shadow the global lumber market. However, if global demand can achieve a 4% (or higher) gain in 2014, the outlook should be very good for lumber and sawnwood prices. While there will be a definite tightening in supply side dynamics in Canada, U.S. output is expected to drive lumber production over the coming five-year... Continue reading