North American Sawmills Face Closures Amidst Soft Lumber Market
A weak lumber market, limited sawlog availability, and soaring regional log prices threaten the survival of North American sawmills, particularly in the West.
From Our Exclusive Market Insights Report
With markets currently a bit sluggish, North American lumber prices have unsurprisingly kicked off 2024 barely above where they were a decade ago. As a result, we're beginning to see North American sawmill closures, notably in the West. This reflects the challenges of a weak lumber market combined with poor sawlog availability and high regional log prices.
Our report includes:
Overview of recent North American sawmill closures.
January 2024 lumber prices compared to 2023 prices.
US vs Canadian lumber production in 2023.
North American lumber trade data.
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Source: WoodMarket Prices, your partner for the latest updates on global forest products developments. Established in 1988, our platform provides prices for sawlog, pulpwood, lumber, and pellets and reports on trade and wood market developments in most key regions worldwide.
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