Global lumber prices fell sharply in early June. The reason is falling demand. High mortgage interest rates are preventing people from building and buying houses in the USA. The outlook for 2024 is very pessimistic. Improvement is not expected until 2025.
Global wood prices plummet sharply – Pessimistic outlook for the wood market in 2024
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
