Prices for U.S. lumber in India increase 20.6% in October

Prices for U.S. lumber in India increase 20.6% in October

12:23 AM / December 13, 2021

Photo: Depositphotos

In October 2021, United States’ exports of lumber to India soared 57.5% year-on-year to 7.1 thousand m3. According to Lesprom Analytics, the value of exports soared 89.9% to $2.3 million. Average price of lumber jumped 20.6% to $331.5 per m3.

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There is a huge demand for US lumber (SYP) internationally. A big problem is that many in India do not know how to source US lumber!

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