usa

Prices down again, by 177 € compared to last year

Article by Gerd Ebner (translated by Eva Guzely) | 11.06.2019 - 10:02

Despite production cuts in North American sawmills, the sawn timber price has not yet been stabilized. Bad weather had an additional dampening effect on demand.

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According to Random Lengths, 2-by-4 free Great Lakes saw another decline by 2 US-$ to 385 US-$/1,000 bft last week, and thus fell to a new minimum in 2019.

With the currency exchange rate at 1.13 US-$/€, European exporters earn 220 €/m³ at the moment, which is 177 €/m³ less than in the same week of last year.

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