Global wood markets face continued struggles with rising costs and trade disruptions

As August came to a close, the global wood products sector remained under pressure. In Europe, many countries are facing the dual challenge of rising log costs and stagnating or falling lumber prices. Meanwhile, China’s market is oversupplied, with both imported log and lumber prices remaining generally low. Japan’s market also shows weakness, and European exporters are now facing increased costs due to the need to ship around Africa, avoiding the Red Sea as a result of ongoing shipping disruptions. For now, North America holds a temporary advantage. US market outlook improving In the U.S ...