Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Lumber markets in the US improving with higher demand and
increasing prices in the 2Q/12; sawlog price trends mixed, reports to the
Wood Resource Quarterly...
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Lumber markets in the US improving with higher demand and
increasing prices in the 2Q/12; sawlog price trends mixed, reports to the
Wood Resource Quarterly
Increased demand for lumber in the US and higher exports from Canada to China have
resulted in lumber prices being about 35% higher in August of 2012 as compared to
August of 2011.
Sawlog prices have moved up in Interior BC 2Q/12 y-o-y, while falling in
Western US and remaining unchanged in Eastern Canada and the US South, according
to WRQ.
Seattle, USA.
The North American lumber market has, to a large extent, been a buyers
market since the beginning of the financial crisis in 2008, but is now shifting to a sellers
market with the increase in demand for lumber by the huge US market.
In May, lumber
consumption in the US was 13 % higher than in May of 2011.
The May 2012
consumption level was actually the highest seen for the month o
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