Fastmarkets hosted an insightful webinar on the future of southern yellow pine and its potential impact on the North American lumber industry. For those who missed it, here’s a breakdown of the key takeaways

Western spruce-pine-fir (WSPF), once a dominant force in the North American lumber market, has seen a significant decline in recent years. Is it now time for southern yellow pine to take its place?

Soft demand conditions and weak prices have been the catalyst for another salvo of mill closures in recent years

Canadian wood products producers monitor the situation closely as the fires continue

Declining production in Europe has contributed to the fade in exports to the US

Although the numbers would suggest a positive first half of 2023, sentiment and anecdotes don’t seem to back that up

Prior to this year, Chinese imports had fallen steadily for more than a decade but now the market appears to be shifting

The resilience of SYP surprised the market with a stark reversal of the patterns from previous years

We look at this year’s European lumber export rise within the US, which caused notable shifts in the global market

The US was last a net exporter in offshore softwood lumber trade from 2009 through 2016, but Fastmarkets’ forecast predicts that the South will lead a surge from 2023 onwards