Round wood prices to increase over the next few years

Posted on January 6, 2021   |  

• A sharp demand for housing in the US has stimulated the demand for boards.
• The US Department of Commerce has decided to reduce duties on the supply of Canadian sawn wood. 
• The reason is a strong increase in sawn timber prices, which has led to higher prices for houses and a decrease in their availability.
• If demand for lumber continues, it will lead to a shortage of quality wood raw materials and the prices will rise.