Prices for imported softwood timber have skyrocketed in China
Market demand recovery, the ban on imports of Australian logs and rising ocean freight rates have recently triggered a sharp [...]
December 4, 2020
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Continued unseasonably strong demand sends N. American lumber prices higher
U.S. housing starts were mostly flat in 2019. At this time last year, softwood lumber sales improved markedly and [...]
December 4, 2020
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Likely that US-China trade rivalry will continue under Biden
President Donald Trump spent much of his term setting up Beijing as Washington's greatest political and economic adversary. Do [...]
December 4, 2020
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What will be the trend of wood prices in North America in 2021?
In 2020, the North American lumber prices have gone in unexpected ways while coming out from an exceptional situation. Softwood [...]
December 3, 2020
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More cuts to lumber tariffs needed, says NAHB
Following recent Commerce Department cuts to tariffs on Canadian lumber imports from 20% to 9%, the National Association of Home [...]
December 3, 2020
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World’s top lumber company CEO sees homebuilding going strong for years
Strong homebuilding activity in North America will mean tight wood supply and demand for several more years, according to the [...]
November 30, 2020
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Market implications of West Fraser’s acquisition of Norbord
West Fraser Timber Company, a leading supplier of lumber and other wood products extensively used in the building and construction [...]
November 26, 2020
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North American softwood lumber prices recover as demand improves
It’s unbelievable for this time of year and if someone had predicted it a month ago they would have [...]
November 26, 2020
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Largest hardwood producer in US files for bankruptcy due to Covid-19 pandemic
Northwest Hardwoods Inc., the largest hardwood lumber producer in US, retreated into Chapter 11 in Delaware early Monday, saying fallout [...]
November 25, 2020
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U.S.DoC reduces countervailing, anti-dumping duties for B.C. lumber producers
The U.S. Department of Commerce on Tuesday reduced its penalties against imports of Canadian lumber, primarily from B.C [...]
November 25, 2020
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