Daily News / Market Analysis / Forestry / Lumber / Statistics / Wood Products / Europe / Global / North America
January 8, 2018
Upward price pressure in 2018 on US softwood lumber prices; Imports from Europe to rise
After the currency-driven global lumber price slump in 2015, market demand and prices both started to improve in 2016. While overall global demand improved modestly in 2017 — at only half the rate of 2016 — it has been supply disruptions and changing dynamics that created a wild and unpredictable market. All markets appeared to be at least good to strong in 2017; this included the U.S., Canada, most of Europe, Japan, China and much of Asia. Only one market region remained unsettled again: the Middle East/North Africa (MENA) — Egypt and Algeria, specifically, along with ...
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