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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. more

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