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3Q 2020 TimberMart-South Bulletin

Prices & Market Conditions

Overall, timber prices decreased in the 3rd quarter in spite of extraordinary and unexpected market conditions that drove Southern pine lumber prices to record highs in September – up more than 160% since April and up 60%above previous record highs that occurred in mid-2018. Wood products and paper products industries both experienced growth this quarter.

However, reduced wood demand earlier in the year (due to the onset of the COVID-19 pandemic) along with summertime logging conditions resulted in an abundance of wood supply in the South this quarter.

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