Statements
Falling log prices
Log prices in Western US fell in the 3Q because decreasing log exports to Asia, reports the Wood Resource Quarterly
For many years, the sawlog market in Western US has been impacted by the demand for logs and lumber in Asia. With the constant increase in log exports, domestic sawlog prices have more than doubled over the past five years, reports the Wood Resource Quarterly. However, from the 1Q to 3Q in 2014, this upward trend was broken as log prices fell almost ten percent because of a weakening log export market.
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GTWMU_US_West_coast_log_exports_and_log_prices_in_2014.pdf
Hakan Ekstrom Wood Resources International LLC Seattle, USA