North American softwood products have failed to establish any notable price increase in offshore markets despite soaring volumes in the last two years, according to industry newsletter Random Lengths.

Shipments overseas in 2011 were up 48% to 984 million m³ – the largest volume since 1997. A 54% increase was recorded in 2010.

Southern pine exports grew 23% in 2011 but a price decline outweighed volume gains.

A weak US dollar helped suppliers to give discounts to compete with alternative species in Europe and North Africa.

Source:TTJ

Posted and edited by Riona, Hanbao News Department

Contact: rionach@cltimber.com