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Lumber prices fall as US mortgage rates hit 14 year high
North American lumber prices fell Wednesday as US mortgage rates hit the highest level in 14 years, pulling back from an earlier rally amid fears of a possible rail strike. Data from the Mortgage Bankers Association showed that the rate on a 30-year … Continue reading →
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European softwood lumber exports to US double yoy; export prices fall
European softwood lumber exports to the USA almost doubled in the first seven months of the year, with the pace of growth lower in valuer terms, as export prices have been slightly lower as compared to last year. (see price … Continue reading →
The post European softwood lumber exports to US double yoy; export prices fall appeared first on Timber Industry News.
New EU Forest Strategy welcomed by European wood industries
CEI-Bois & EOS welcome the new EU forest strategy passed on Tuesday (September 13) by the European Parliament. ‘A new EU Forest Strategy for 2030 – Sustainable Forest Management in Europe’ is clear in its recognition of the ability of … Continue reading →
The post New EU Forest Strategy welcomed by European wood industries appeared first on Timber Industry News.
