Sluggish markets in US, China, UK and Japan generate low global lumber trade

Sluggish markets in US, China, UK and Japan generate low global lumber trade
In 2018, global trade of lumber fell for the first time in five years, with total trade down 7% year-over-year. The four largest importing countries, the US (-18%), China (-5%), the United Kingdom (-13%) and Japan (-6%) all imported less in 2018 than in the previous year. Much of the decline was the result of weaker economic prospects and reduced housing starts.    Lumber markets – North America    US lumber prices have gone through a historical roller-coaster ride over the past 12 months. Random Lengths’ composite index for southern yellow pine ...

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