North American lumber producers are cutting back production, a signal that higher interest rates are taking root
A growing number of Canada’s largest producers, including Canfor Corp. and West Fraser Timber Co. Ltd., recently announced plans [...]
September 22, 2022
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North American softwood lumber prices rise 10%, despite weak housing market
North American softwood lumber prices broke a three-week losing streak and edged higher on Friday, extending its three-day [...]
September 11, 2022
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Outlook for N. American softwood lumber price evolution this autumn
In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price [...]
September 8, 2022
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Softwood lumber prices continue to drop in N. America
Lumber prices usually drop around Labour Day (September 05) then keep falling until US Thanksgiving (late November), which normally marks [...]
September 7, 2022
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Wood pellet capacity continues to expand in N. America
Global wood pellet demand continues to soar, with tight market conditions likely to spur significant investments in new production facilities [...]
September 7, 2022
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N. American lumber prices fall to new low as housing market continues to cool off
North American lumber prices fell 4% to a new 2022 low on Tuesday as the housing market continues [...]
August 31, 2022
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North American lumber prices recover somewhat, after steep drop
During these months of deep summer when construction activity is still going on but lumber sales slow because most retailers [...]
August 24, 2022
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N. American lumber futures bounce back as Canada cuts output
West Fraser shutters 2.5% of its North America capacity Lumber prices [...]
August 15, 2022
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North American softwood lumber prices fall to a new low this year
Softwood lumber prices continued their downtrend on Wednesday, falling 5% to a new 2022 low of $495 per [...]
August 5, 2022
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North American softwood lumber prices are seeking direction
North American softwood lumber prices are seeking direction as the housing market finally shows signs of slowing down [...]
July 25, 2022
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