Rapid growth from the U.S., price decreased 10%.
Märkte
Price for lumber imported to Saudi Arabia slid 1.2%.
Exports of lumber from Germany to the U.S. lost 25%.
Exports of lumber from Brazil contracted 17%.
Exports of plywood from Brazil grew 7%.
The estimated sales for the overall market in March were $1.4 million. For the year-to-date period, the overall market estimated sales were $3.9 million.
Prices for logs increased by 4%.
Price for logs exported from Brazil expanded 13%.
Exports to Iraq lead with over 20% share.
This level is still 10% below the first-quarter averages recorded from 2019 to 2023.
In the week ending April 26, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $408.
Exports of wood chips from Chile increased 23%.
Price for lumber exported from Sweden to the U.S. downed 5%.
Looking ahead to the second quarter of 2024, company predicts a mild softening of timber prices as weather conditions improve and the availability of raw materials increases.
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Surges from fourth to first in rankings, birch plywood makes up 77% of Q1 2024 shipments.
The Madison’s Lumber Prices Index for the week ending May 03, 2024 was US$417 mfbm.
Exports of lumber from Chile grew 16%.
Exports of lumber from Canada grew 6%.
Imports of softwood lumber to the U.S. increased 5%.