U.S. Importers Drive Up The Price Of European Wood Products, Too
Posted On
May 26, 2021
Facing soaring U.S. lumber prices, U.S. importers are competing for - and winning - wood from Europe. The buying frenzy follows record American imports of forest products from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventory. Lumber prices have quadrupled in just one year.
Resource:
BNN Bloomberg: U.S. Lumber Importers Are Driving Buying Mania for European Wood