Wood Price | January 14, 2022 Lumber Prices Increase Again in 2021, With No Sign of Improvement in The Near Future No matter how you look at it, 2021 was anything from ordinary. Many of us are looking at the end of this troubled year as supply chain problems, inflation, an overly hot housing market, and record-breaking timber prices have contributed to making this year problematic. But will the year 2022 be any better? Read more Related Tags us lumber market
Wood Price | December 14, 2021 US Tariff Hike In a recent order by The US Commerce Department, the USA has decided to raise duties on Canadian softwood lumber exports to the US from 9% to 17.9%, with a final decision of countervailing and antidumping duty rates on Canadian softwood lumber imports as follows: Read more Related Tags timber industry lumber industry lumber prices
Wood Price | November 22, 2021 How Does the US Market Affect European Lumber Prices US home building has grown, especially since the COVID-19 pandemic in 2020, at a balanced pace, and the lumber producers have slowly risen to reach the demand received from the constructors. However, the gap in the supply chain exposed during peak pandemic time is on the verge to become an issue for the longer term that keeps pressure on the US lumber prices. The lumber shipments from Canada to the United States (an extremely vital chunk of the supply to the US) were hit by around 20% in 2020 April. Read more Related Tags us lumber prices swedish sawmills european log exporters log prices