Global softwood lumber prices increased during Q1/2018
Global softwood lumber prices continued their two-year climb in the Q1/18 with the pace being higher in North America than in the Nordic countries, Russia and China. Lumber markets – North America After softwood lumber consumption in the US reached a ten-year high in 2017, demand fell in early 2018. Despite the reduced first quarter consumption, lumber production on the US west coast was actually up by 9% y-o-y when compared to the 1Q/17 due to strong demand from China. In fact, shipments to China during the 1Q/2018 ...
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