Shrinking global log supply could be good for lumber producers in the coming years
The answer is "no, but…"
Log and lumber markets are also in a complex and tumultuous cycle, as well, driven by supply disruptions, changing trade policies, macroeconomics, and a decline in China’s economy, which has had a major impact on log and lumber demand there. “So even though they have lots of sawmills in Europe, the log supply is not going to be there,” Taylor said.Russia – a major timber producer – implemented a ban on log exports few years ago, which has also shrunk the global log supply.
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