One of North America’s largest exporter of logs warns that a timber supply “shock” is fast approaching that will lead to significantly higher prices for logs and lumber as early as 2014.
“There will be some real tightness in softwood going forward and who gets it will be based on ability to pay,” Reid Carter, managing partner of Brookfield Timberlands, told an online seminar Wednesday. Carter was speaking on the future of log exports to China, but branched out into the longer-term timber supply crisis he sees in North America.
Read more: http://www.vancouversun.com/Super+cycle+ahead+recession+weary+lumber+sector+analyst/5832824/story.html#ixzz1g5BNflrC
“There will be some real tightness in softwood going forward and who gets it will be based on ability to pay,” Reid Carter, managing partner of Brookfield Timberlands, told an online seminar Wednesday. Carter was speaking on the future of log exports to China, but branched out into the longer-term timber supply crisis he sees in North America.
Read more: http://www.vancouversun.com/Super+cycle+ahead+recession+weary+lumber+sector+analyst/5832824/story.html#ixzz1g5BNflrC
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