Lumber
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Canfor to close two Canadian mills, curtails U.S. production
Citing weak demand, high tariffs, a fiber shortage, and a variety of factors, Canfor Corp. on Sept. 4 has cut production on both sides of the U.S.-Canadian border.... Continue reading
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August 28, 2024
Will China’s timber market continue to shrink in the future?
Will the Chinese timber market continue to shrink in the future? The following analysis will explore the impacts on logs and lumber from the perspectives of real estate market demand, import-export conditions, and maritime shipping.... Continue reading
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September 5, 2024
Canfor to close two Canadian mills, curtails U.S. production
Citing weak demand, high tariffs, a fiber shortage, and a variety of factors, Canfor Corp. on Sept. 4 has cut production on both sides of the U.S.-Canadian border.... Continue reading
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Japan: Prices for imported softwood lumber from Europe on the rise
The price increase of imported lumber for housing construction in Japan is becoming more noticeable. According to the Ministry of Agriculture, Forestry and Fisheries, the average price for European lumber in June is about 10% higher than that of domestic lumber.... Continue reading
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August 28, 2024
Will China’s timber market continue to shrink in the future?
Will the Chinese timber market continue to shrink in the future? The following analysis will explore the impacts on logs and lumber from the perspectives of real estate market demand, import-export conditions, and maritime shipping.... Continue reading
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August 28, 2024
Will China’s timber market continue to shrink in the future?
Will the Chinese timber market continue to shrink in the future? The following analysis will explore the impacts on logs and lumber from the perspectives of real estate market demand, import-export conditions, and maritime shipping.... Continue reading
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July 10, 2024
Wood prices plummet to record low – Global wood market in serious crisis
Global lumber prices are falling like a stone. Market experts had not actually expected this new crash. At the beginning of July, lumber prices fell below USD 450 per 1,000 board feet for the first time since June 2020. In early July, global lumber prices fell below the already very low post-pandemic price levels. They are now approaching their recent lows and are 20 to 30% below production costs, said Kyle Little, CEO of Sherwood Lumber, to the US trade magazine fortune.com. Last year and early this year, lumber prices initially recovered significantly , but in March prices began to fall again and were most recently trading on the Chicago Mercantile Exchange at well below $450 per 1,000 board feet. Global lumber prices last week fell below their last lows of early 2023 and are now trading near their last lows of June 2020. The price decline for lumber has been particularly... Continue reading
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July 10, 2024
Wood prices plummet to record low – Global wood market in serious crisis
Global lumber prices are falling like a stone. Market experts had not actually expected this new crash. At the beginning of July, lumber prices fell below USD 450 per 1,000 board feet for the first time since June 2020. In early July, global lumber prices fell below the already very low post-pandemic price levels. They are now approaching their recent lows and are 20 to 30% below production costs, said Kyle Little, CEO of Sherwood Lumber, to the US trade magazine fortune.com. Last year and early this year, lumber prices initially recovered significantly , but in March prices began to fall again and were most recently trading on the Chicago Mercantile Exchange at well below $450 per 1,000 board feet. Global lumber prices last week fell below their last lows of early 2023 and are now trading near their last lows of June 2020. The price decline for lumber has been particularly... Continue reading
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August 28, 2024
Will China’s timber market continue to shrink in the future?
Will the Chinese timber market continue to shrink in the future? The following analysis will explore the impacts on logs and lumber from the perspectives of real estate market demand, import-export conditions, and maritime shipping.... Continue reading
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September 5, 2024
Canfor to close two Canadian mills, curtails U.S. production
Citing weak demand, high tariffs, a fiber shortage, and a variety of factors, Canfor Corp. on Sept. 4 has cut production on both sides of the U.S.-Canadian border.... Continue reading