Fastmarkets/RISI economist Dustin Jalbert noted that temporary downtime and quiet, unannounced cutbacks contributed to reduced capacity in 2024.

In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.

Access a snippet of the weekly lumber market commentary, featuring insights from our experts on the third consecutive weekly price increase.

Read an excerpt of our weekly lumber commentary, this week featuring insights on the impacts of Hurricanes Helene and Milton.

Read an excerpt of our weekly Lumber Market Report, examining the impacts of Hurricane Helene.

“There’s just no fear in the marketplace," one source said.

Learn about how wildfires have influenced lumber prices in recent years.

Read a snippet of our weekly lumber market report, including insights and analysis on price changes and market movements.

Southern Pine lumber has experienced historically low price volatility in 2024, with a narrow trading range and conservative trading strategies expected to continue through the year.

The new EU Deforestation Regulation mandates exporters to provide detailed documentation and geolocation data to prove wood products are deforestation-free.