Lumber more expensive on the world market – prospects for wood prices
Wood prices are rising steeply on global markets. At least when you look at the price outlook for the next few months and the US housing market. This could mean a significant increase in exports for Germany and Europe. And also rising prices. Lumber prices have stabilized around $500 per 1,000 board feet in early November after hitting a three-month high on November 9th. Wood prices on the futures markets will continue to rise steeply in the coming months. In January it was trading at USD 530 and by autumn 2024 an increase to USD 570 ...
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