A look at the demand drivers in the US and why the supply base in the US and Canada can’t keep up. This is increasing offshore exports from Europe to US, as soaring prices have lured more supply from Europe and this has siphoned volume away from China and Australia. Reduced log and sawnwood exports from the US and Canada are also impacting markets like China. This complex global shuffle of supply during a period of wild demand, as well as the short-term outlook, will be discussed in more detail.
Russ Taylor is the President at Russ Taylor Global, which conducts wood products market analysis/intelligence and business assessment/investment analysis on timber/lumber for global industry clients. He (normally) travels extensively to key producing, exporting and importing countries in China, Asia, Russia, Europe, the Southern Hemisphere and within North America to obtain first -hand insights.