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Prices for lumber have stabilised at a low level in the UK

06.11.2012 − 

In the UK, prices for British and imported softwood lumber had stabilised at a low level by the end of October. Owing to slack demand and an inflated supply, prices had been under pressure since July. Business is generally being shaped by purchases as needs dictate. The sales opportunities in southeast England are generally being assessed as better than in the Midlands and the northern regions. Views being given on development in the lumber business in the coming months are guarded at the moment. As a business research institute has forecasted a shrinking gross national product for this year, no sustained recovery is anticipated in the British lumber market for the time being.

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