German lumber prices start to fall in summer; autumn evolution uncertain

German lumber prices start to fall in summer; autumn evolution uncertain
    After the outbreak of the Russia-Ukraine war, timber prices rose sharply in most parts of Europe, especially in Germany, where they've hit record highs. Affected by the price drive, the value of German timber trade increased by nearly 25% in the first quarter; among which, lumber increased by 23%, flooring increased by 21%, and wood-based panels ranked first with a 32% increase.    For German lumber merchants, products such as spruce, oak and pine have maintained a very good upward trend for several consecutive months this year. Data show that ...

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