Demand for lumber soars in Germany, and so do prices | Business| Economy and finance news from a German perspective | DW
US construction boom sends European lumber prices soaring Lumber scarcity or not? Against the backdrop of this multifaceted situation, many German buyers and end users of lumber products feel there might not be enough left for them on the home market. There's no lack of media reports on people failing to get their hands on enough lumber for their businesses. "The current hype in the US has been spilling over to Germany, and some market participants are hoarding lumber, filling their storehouses beyond their own needs, speculating on further price hikes and thus making that excess wood unavai...
Source: dw.com