Canada’s softwood lumber export price drops sharply in July

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% year-on-year to 2.77 million m3. The value of exports fell 29% to $738 million.    Exports of softwood lumber from Canada to the U.S. edged up 1.2% year-on-year to 2.5 million m3. Canadian supplies to Japan ...

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