Moody’s: Most wood product prices to reach peak level in 2021

Moody’s: Most wood product prices to reach peak level in 2021
The outlook for the global forest products industry remains positive, said Moody’s Investors Service.    The continuing positive outlook for the industry is underpinned by expectations that the consolidated operating earnings of the 41 paper and forest product companies rated by Moody’s globally will increase by 8%-10% over the next 12 months.    By region, Moody’s says that the consolidated operating earnings from rated producers in North America and Europe is anticipated to increase 5%-7% in both regions, as that of rated producers in Latin America is expected to ...

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