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Global Softwood Lumber Trade Reaches 10-Year High In 2015

Global trade of softwood lumber reached a 10-year high in 2015, with lumber prices trending downward in many key markets over the course of the year, reports the Wood Resource Quarterly. A majority of the 20 largest softwood lumber-consuming countries in the world...

Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....

U.S. Lumber Price Falls Due To Overcapacity

Lumber is used in a variety of industries in the United States, but the price of lumber is primarily dictated by the health of the housing and construction industry. Americans may be viewing the economy more optimistically since last year, but their outlook on the...