Oversupply is putting pressure on prices on British softwood lumber market

Demand for lumber is expected to remain on the low side in 2012 as well

Softwood lumber prices in the UK have slipped again in the last few weeks, against the background of weak demand and high supply. However, market insiders pointed out that price reductions would not create new demand at the moment due to the low overall requirements. In fact, falling prices would fuel buyers’ fear ...

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