Finland and Sweden announced increased lumber export
Finland and Sweden increased export volumes during the first five months of 2015 by 1,5 percent and 4,6 percent respectively.
Finland and Sweden increased export volumes during the first five months of 2015 by 1,5% and 4,6% respectively, as compared to the same period in 2014. Although the good news for lumber producers has been higher export volumes so far in 2015, the bad news has been that the average export price for softwood lumber has declined.
Lumber production in the US was slightly higher in the 2Q/15 than in the previous quarter. There is much uncertainty going into the fall with both the US housing construction and lumber demand in China losing some steam. The weaker lumber demand pushed prices in both the US and Canada lower during the summer months, according to Wood Resource Quarterly.