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Worldwide Softwood Lumber Demand Pushes Prices Higher

Increased demand for softwood lumber worldwide has pushed lumber prices higher, especially in the United States and China during the first half of 2017, according to the Wood Resource Quarterly, published by Wood Resources International LLC. International trade of...

Global Softwood Lumber Exports Rising

Global softwood lumber trade increased 12% year-over-year to reach a new record-high of 121 million cu. ft. in 2016, according to Wood Resources International. Since the global financial recession in 2009, there has been a steady climb in international trade 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...