The plunge in North American structural lumber prices and the lack of a rebound in sight has caught many people by surprise reports International Wood Markets (IWM). There are several reasons for this, but the short-term crisis is mainly the result of U.S. demand, weak export markets and expanding lumber output. Below are some of the key drivers that may not get resolved anytime soon!  China Market — Supply/Demand:   A slowing construction market since Q3/14 has created oversupply in logs and lumber.  Log and lumber stocks are very high (log stocks are ...