Wood Central

Wood Central is a specialized platform in Australia that covers wood-based media across all digital platforms. The platform aims to create an integrated system for media, events, education, and products that connects, informs and inspires individuals and organizations involved in forestry, timber and fibre industries.

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The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

50%

Examples:

  • American construction costs have returned to pre-pandemic levels with lumber prices continuing to bounce around the market.
  • Lumber prices have plummeted 75% from their May 2021 record high to roughly pre-pandemic levels.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

  • Lumber Market Prices Plummet: Economic Conditions, Decreased Demand, and Oversupply Drive Down Prices by 38% and 12% for Western S-P-F and Southern Yellow Pine

    Lumber Market Prices Plummet: Economic Conditions, Decreased Demand, and Oversupply Drive Down Prices by 38% and 12% for Western S-P-F and Southern Yellow Pine

    Broke On: Tuesday, 25 June 2024 The lumber market has experienced a significant drop in prices due to uncertain economic conditions, decreased demand for housing and renovations, excess capacity in lumber and panel manufacturing, and record low U.S. housing affordability. Southern yellow pine has shown less volatility than spruce or Douglas fir/Hem fir and is priced more affordably. Experts predict continued decreased demand for housing and renovations in the coming months, influenced by the Producer Price Index, the Fed's rate decisions, and ongoing economic factors.