The price increase of imported lumber for housing construction in Japan is becoming more noticeable. According to the Ministry of Agriculture, Forestry and Fisheries, the average price for European lumber in June is about 10% higher than that of domestic lumber. This increase is due to the weakening yen and rising maritime logistics costs, which have raised the procurement costs for Japanese trading companies. As prices for domestic lumber continue to rise, its demand is also growing. According to the ministry, the average transaction price for European whitewood (3 cm x 10.5 cm x 3 cm), used as ...
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