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US IMPORTS MORE GERMAN SOFTWOOD

We reported some months ago the US were imposing new duties and tariffs on Canadian soft to stop what they perceived was subsidized timber being ‘dumped’ onto the US market. A claim Canada has always deemed. As the initial impact of this move take hold the price of Canadian softwood has meant that it is not commercially viable for US importers.
As a result the price of European timber and in particular German softwood has become attractive to the extent that in the first half of this year the US imported 10 times as much as it has in the previous year.
Demand for softwood from US house builders remains high.

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