TTF Market Statement
The Timber Trade Federation (TTF) yesterday published their snapshot of the market, in what is an evolving situation – and one not limited to timber, with other construction materials in a similar position.
In this report, the TTF have taken a step back to give a slightly longer-term perspective and highlight the differences in volume and price between January 2018, when the market was considered ‘normal’, as compared to early 2021.
The statement notes covers all softwood, rather than specifically the TR26 used in truss manufacture; TR26 prices are at least 50% higher than three years ago.
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