Forest Products Market Update
- a news brief from Wood Resources International LLC
Global lumber markets improved in late 2009 with prices moving
upward in North America and the Nordic countries, reports the Wood
Resource Quarterly
Softwood lumber prices...
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Forest Products Market Update
- a news brief from Wood Resources International LLC
Global lumber markets improved in late 2009 with prices moving
upward in North America and the Nordic countries, reports the Wood
Resource Quarterly
Softwood lumber prices were up in both North America and Europe in the 4Q, but it was
more the result of lower inventory levels and reduced production rather than an increase
in demand, reports the Wood Resource Quarterly.
The hot market for lumber last year
was China, which increased imports by 75% thereby passing Japan as the largest
importer in Asia.
Seattle,
USA.
March,
2010.
Prices for most lumber grades in the US were higher in
December than at any other time during 2009.
The Random Length Framing Composite
Lumber Index, which consists of a basket of 12 different species and grades, did go up
almost 25% last year.
In December, the Index was at its the highest point in 15 months.
These price increases were a reflection of low lumber inventories a
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