Tree Frog Forestry News

Timber prices set to rise

The Construction Index
January 16, 2020
Category: Finance & Economics
Region: International

A leading timber supplier is predicting that timber prices will rebound in 2020 after a collapse in 2019. Excess stock brought in ahead of the original 1st April 2019 Brexit deadline, continuing uncertainty around Brexit and challenges posed by bark beetle attacks throughout central Europe all contributed to timber prices falling last year, says Nigel Buckley-Ryan, UK sales director of Södra Wood Ltd. But there is now a risk of timber shortages and supply delays and so 2020 is likely to see prices going up again, he says.

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