N. American lumber prices fall to new low as housing market continues to cool off
North American lumber prices fell 4% to a new 2022 low on Tuesday as the housing market continues to cool off. The decline came on the same day Goldman Sachs warned that it expects a continued decline in the housing …
The European timber market to face multiple new normals
Inventory levels at most European lumber mills were running low at the start of 2021. By the middle of the year, there was a sudden surge in demand for wood and wood products across Europe, mainly in France.
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