Global lumber prices continued 2-year climb in 1Q with pace higher in North America than in Nordic countries, Russia, China
from Wood Resources International LLC
After softwood lumber consumption in the U.S. reached a 10-year high in 2017, demand fell in early 2018. Despite the reduced first quarter consumption, lumber production on the U.S. west coast was actually up by 9 percent year over year when compared to the 1Q/17 due to strong demand from China. In fact, shipments to China during the 1Q/2018 were up almost 50 opercent as compared to the 1Q/17.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063