Global trade of softwood lumber forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US
Global demand for lumber has increased in 2015 and 2016, resulting in a rise in trade by 10.2% in 2015, and WRI estimates that the increase will be as much as 13.6% in 2016. Lumber prices have been mixed in 2016 with increases in North America, Japan and China,while fairly stable in Northern Europe and Russia.An excerpt from the newly released market report Wood Resource Quarterly. For subscription to the full 52-page report, please visit www.woodprices.com Global Lumber Trade The World Trade Organization (WTO) reported in September that world trade will expand by only 1.7% in 2016, a