North American lumber
-
North American logs&lumber exports to Asia down 33% in the last two years
The major wood products exports from the US Northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18% during the first half of 2016. The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50% in 2016 as compared to 2014. Exportation of wood products from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years. From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from 1.7 billion dollars to 4.9 billion dollars. Since the record high in 2013, the total export value has fallen quite substantially and was just over 3.3 billion dollars in 2015.... Continue reading
-
January 14, 2016
Overproduction and Asia- problems for the N. American lumber market
In WOOD MARKETS’ new five-year forecast, the short-term outlook is that North American and global economies, as well as softwood lumber and panel markets, are all forecast to improve, but at a much slower pace than has been expected. What has also short-circuited the prospects of stronger demand is a slowdown in China and Japan, impacting export markets. And the new wildcard that caused U.S. dollar prices to plunge in 2015, especially in softwood lumber, was the rapid currency devaluations of almost all major lumber producers as compared to the U.S. dollar. All of these factors have changed the WOOD MARKETS outlook to one that expects more lacklustre demand and corresponding price growth through 2018. After that, it starts to look very good! The supply-side dynamics feature eroding sustainable timber harvests in key provinces in Canada, resulting in dramatically lower lumber... Continue reading
-
August 26, 2016
North American logs&lumber exports to Asia down 33% in the last two years
The major wood products exports from the US Northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18% during the first half of 2016. The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50% in 2016 as compared to 2014. Exportation of wood products from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years. From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from 1.7 billion dollars to 4.9 billion dollars. Since the record high in 2013, the total export value has fallen quite substantially and was just over 3.3 billion dollars in 2015.... Continue reading
-
August 26, 2016
North American logs&lumber exports to Asia down 33% in the last two years
The major wood products exports from the US Northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18% during the first half of 2016. The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50% in 2016 as compared to 2014. Exportation of wood products from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years. From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from 1.7 billion dollars to 4.9 billion dollars. Since the record high in 2013, the total export value has fallen quite substantially and was just over 3.3 billion dollars in 2015.... Continue reading
-
North American logs&lumber exports to Asia down 33% in the last two years
The major wood products exports from the US Northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18% during the first half of 2016. The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50% in 2016 as compared to 2014. Exportation of wood products from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years. From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from 1.7 billion dollars to 4.9 billion dollars. Since the record high in 2013, the total export value has fallen quite substantially and was just over 3.3 billion dollars in 2015.... Continue reading
-
August 26, 2016
North American logs&lumber exports to Asia down 33% in the last two years
The major wood products exports from the US Northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18% during the first half of 2016. The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50% in 2016 as compared to 2014. Exportation of wood products from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years. From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from 1.7 billion dollars to 4.9 billion dollars. Since the record high in 2013, the total export value has fallen quite substantially and was just over 3.3 billion dollars in 2015.... Continue reading