Softwood lumber prices continued to fall in many markets around the world in the 2Q/15 because of weaker demand and high inventories of lumber throughout the distribution chain, reports the Wood Resource Quarterly

Despite reduced demand for lumber in the US, Europe and Asia, lumber production and trade volumes were relatively high during the first half of 2015, reports the Wood Resource Quarterly. The supply/demand imbalance resulted in downward price pressure in key markets during the 2Q/15.

Hakan Ekstrom, Wood Resource Quarterly