USA

Price decline has come to a halt for now

Article by Gerd Ebner, translated by Susanne Höfler | 20.08.2018 - 15:27

Forest fires in the West of the United States stabilized the price for US softwood lumber after weeks of slumping prices. Increased demand for reconstruction activated the dealers.

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2-by-4 free Great Lakes region saw an increase of US-$ 4 to US-$ 573/1000 bft. With an unchanged exchange rate, the price for European exporters gained €1/m³.

Absurd detail at the sidelines: President Trump indirectly blames Canadian softwood lumber deliveries for the forest fires in the United States. He claims that these are to blame for US roundwood rotting in the woods instead of being further processed to lumber.

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