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Market Prices

148 posts

N. American softwood lumber prices rise 10%, despite weak housing market

North American softwood lumber prices broke a three-week losing streak and edged higher on Friday, extending its three-day rally to as much as 10% at $506 per thousand board feet. The gains come despite continued headwinds in the housing market, particularly …

Skyrocketing firewood prices, shortages spread across Europe

As gas and electricity prices skyrocket, many households in Europe are turning to firewood as an alternative heating source this winter. But the surge in demand and supply cuts from Russia are pushing up prices and causing shortages, threatening to … Continue reading → The post Skyrocketing firewood prices, shortages spread across Europe appeared first on Timber Industry News.

Canada’s softwood lumber export price drops sharply in July

In July, the average price for softwood lumber exported from Canada decreased 15.5% compared to the previous month at $267 per m3. This is 26.8% cheaper than a year ago, when it was $364. Canada’s exports of softwood lumber dipped 2.3% …

German timber trade suffers from high energy costs

In August, the German Timber Trade Association (GD Holz) carried out a survey on the increased energy costs in the timber trade. Of the 33 companies surveyed, the majority (45%) mainly uses wood to generate heat. Followed by gas at 38% … Continue reading → The post German timber trade suffers from high energy costs appeared first on Timber Industry News.

Outlook for N. American softwood lumber prices for this autumn

In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price of nearby futures was above that price, but the trend remained lower. The current environment favors a consolidation period, and … Continue reading → The post Outlook for N. American softwood lumber prices for this autumn appeared first on Timber Industry News.

Germans are looking to firewood for energy as gas prices soar

Skyrocketing prices for natural gas have Europeans scrambling for alternative energy sources. In Germany, where households face a 480 euro rise in their gas bills, people are resorting to stockpiling firewood. The fallout from Russia’s invasion of Ukraine has sunk … Continue reading → The post Germans are looking to firewood for energy as gas prices soar appeared first on Timber Industry News.

Austria: Sawlog prices significantly reduced

The Austrian sawmill industry is currently sufficiently stocked with logs and damaged wood is increasing. Due to the hot, dry summer, there is a correspondingly large amount of wood damaged by bark beetles, or resulted from storms. Although Upper Austria … Continue reading → The post Austria: Sawlog prices significantly reduced appeared first on Timber Industry News.

Softwood lumber prices continue to drop in North America

Lumber prices usually drop around Labour Day (September 05) then keep falling until US Thanksgiving (late November), which normally marks the lowest prices of the year for wood products. Of course, we have not been in a normal year since … Continue reading → The post Softwood lumber prices continue to drop in North America appeared first on Timber Industry News.

Sweden’s sawn timber market expected to be hot this autumn

Wood prices in Sweden are now at or close to peak level, Danke Bank estimates in its review. The demand for wood is also at a peak level, but changes are expected. The situation is exciting, especially for logs: the demand … Continue reading → The post Sweden’s sawn timber market expected to be hot this autumn appeared first on Timber Industry News.

China: Rise in CIF prices for lumber imports

CIF prices for China’s lumber imports from most suppliers rose in the first half of 2022, except for Thailand. Prices for lumber imports from Thailand alone fell 8% to US$250 per cubic meter in the first half of the year. … Continue reading → The post China: Rise in CIF prices for lumber imports appeared first on Timber Industry News.