Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Global / North America
July 26, 2021
N. American lumber prices surge sharply as Canada wildfires cut sawmills production, shipments
Lumber futures rose the most in more than a year on concern that wildfires in western Canada will reduce supply and spur more curtailments at sawmills. British Columbia declared a state of emergency and Canfor Corp. said it would trim output as the fires snarl transportation and supply chains. Lumber futures jumped more than 7 per centin Chicago. The rebound extends wild gyrations that took lumber prices from a record high in May on a pandemic-fuelled construction boom to an eight-month low earlier this week after demand eased and supply ...
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- Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Global / North America