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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Global / North America
December 3, 2020

What will be the trend of wood prices in North America in 2021?

What will be the trend of wood prices in North America in 2021?
In 2020, the North American lumber prices have gone in unexpected ways while coming out from an exceptional situation. Softwood lumber prices recently rose to US$960 per thousand board feet, and it even exceeded US$1050 per thousand board feet for a short period. After the major sawmills in North America experienced capacity reductions in the early 2020s, and then after the roller coaster-like market in the third quarter, they achieved a lot more than expected profits. So, next spring, will North American lumber prices fall again after bottoming out? Perhaps we can start from the perspective of ...

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