Global wood prices have stabilized at a higher level. This was preceded by a crash. This was triggered by high inflation, rising interest rates and a severe construction crisis. That could be over and also help wood prices in Europe. Global wood prices are stabilizing around the $550 mark per 1,000 board feet due to increased supply and subdued demand. Global lumber prices are stabilizing around $550 per 1,000 board feet amid increased supply and subdued demand. The latest data from top producer Canada showed lumber production fell slightly by 0.1% month-on-month in ...
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