Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
April 5, 2018
Canadian lumber giants making good profits despite US duties
Main lumber producers in British Columbia keep on booking major profits on near record lumber prices a year after the US Department of Commerce instituted the antidumping duties on Canadian lumber imports. The benchmark price for 1,000 board-feet of top-quality western Canadian two-by-fours hit US$540 about a month ago, according to the trade publication Madison's Lumber Reporter, compared with US$315 at the start of 2017 before US interests re-ignited the ongoing trade dispute, Prince George Citizen reported. Bottlenecks in rail transportation plaguing all ...
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