Shortages of timber and firewood reported in various European countries

With gas and electricity prices skyrocketing, many homes in Europe are turning to firewood this winter as an alternative or reserve heat source. Currently, there are shortages of timber and firewood in various European countries, leading to high prices. Firewood …...

Wood pellet shortages in France cause prices to rise

The price of wood pellets is soaring in France due to a growing shortage of the fuel as people prepare early for winter and more households entering the wood pellet market. People who rely on the fuel may be facing … Continue reading → The post Wood pellet shortages...

Lumber prices fall as US mortgage rates hit 14 year high

North American lumber prices fell Wednesday as US mortgage rates hit the highest level in 14 years, pulling back from an earlier rally amid fears of a possible rail strike. Data from the Mortgage Bankers Association showed that the rate on a 30-year … Continue reading...
SYP Lumber Prices Stabilize; Is More Volatility Around the Corner?

SYP Lumber Prices Stabilize; Is More Volatility Around the Corner?

By late June, the price for finished southern yellow pine (SYP) lumber had tumbled 59% from its 2022 high mark of $1,136/MBF. Prices then subsequently bounced back, but weekly price movement has been range bound between ~$100 for the last 12 weeks, which is a...