Q1 2026 Sylvera data shows investment-grade credits averaging $20.10 per tonne while B-rated credits fell to $7.80. The gap is not a spread anymore, it's a structural bifurcation, and the projects being priced in the middle are the ones being repriced downward.
Since 2002, LBM Daily has cut the noise for people who build. The materials changed. The job didn't.
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Six lenses on the low-carbon transition in the built environment.
The emissions locked into materials — and the codes, caps, and LCAs now putting a number on them.
Engineered wood as a carbon-storing structural system, from CLT supply to code adoption.
Green building codes and environmental product declarations, decoded for people who specify.
Where the timber economy meets the carbon market — pricing, projects, and integrity.
Deforestation rules, tariffs, and the trade policy reshaping material sourcing.
Monthly analysis of the carbon and timber price signals moving the built environment — with live data on CearioTrader.
We track the markets you read about. Read the monthly Market Barometer for context, or open a CearioTrader account for live prices and to trade or hold credits yourself.