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High Lumber Prices Boosting Maine’s Forest Industry

Prices for wood to build and renovate houses have as much as doubled over the past six months, increasing costs for consumers but boosting Maine’s softwood sales and signaling a turnaround in that segment of the forestry market, industry experts say. A number of...

Global Softwood Lumber Trade Forecasted To Increase In 2016

Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO) reported in September that world trade will expand by only...