timber prices

Timber prices are the costs for wood products like logs, lumber, and processed wood, determined by supply and demand. When there’s high demand for construction, furniture, or paper, prices tend to rise. Conversely, if there’s a shortage of trees or environmental restrictions limit logging, prices can increase due to limited supply. Factors such as weather, pest outbreaks, transportation costs, and government policies also influence timber prices. Overall, they reflect the balance between how much wood is available and how much buyers want it, helping buyers and sellers make informed decisions in the forestry and construction industries.