Fall in US lumber prices expected to hit Europe soon
The fall in lumber prices in the US is expected to affect Europe in the fourth quarter, with a decline of 25–40%. But the market is not collapsing, and the returns are getting higher and higher. Wood prices have skyrocketed over the past year and more than doubled in some cases, but the boom from coronavirus is now reversing. This is stated by Danske Bank, which expects European wood prices to fall after followind the same trend like in the United States. In the United States, prices per board fee have fallen from ...
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