US sawmills
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US lumber prices fall toward multi-year lows on low housing market
US lumber prices fell toward multi-year lows on Thursday, falling 4% to $382 per thousand board feet as the industry continues to seek a balance in supply and demand.... Continue reading
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December 20, 2022
Swedish sawmills are unexpectedly strong due to high US demand
One of the explanations for the unexpected strength in a currently declining wood products economy is how much wood products are exported to US. In the Swedish Forest Industries' market report, it appears that US has become Sweden's second largest export market in a short time. The Swedish production of wood products remains strong and deliveries during the autumn have even been slightly higher than the same time in the record year 2021. ''Reduced demand in Sweden and Europe has led to an increased opportunity to offer more wood products to the American market. Exports to the USA have grown from being marginal over the past five to ten years to now becoming Sweden's second largest export market. In the short term, the wood products economy is expected to continue to weaken, but Sweden's role as a global forest nation will increase,'' says Christian Nielsen, market analyst for wood... Continue reading
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May 1, 2023
US lumber prices fall toward multi-year lows on low housing market
US lumber prices fell toward multi-year lows on Thursday, falling 4% to $382 per thousand board feet as the industry continues to seek a balance in supply and demand.... Continue reading
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November 30, 2021
Sawmills in Europe and N. America see profits plunge in 3Q
Sawmills in Europe and North America enjoyed record profits during the first half of 2021, but fell in the 3Q when lumber prices plunged. Sawmill profits in North America and Europe continued to rise in the spring and early summer of 2021, surging to all-time highs on both continents. With lumber prices reaching unprecedented levels and costs for sawlogs moving up relatively less, profits for sawmills reached record highs in the 2Q/21. The gross margins, defined as the margin between lumber prices and net wood costs, were by far the highest in the last 15 years. The surprisingly strong demand for lumber and high operating rates at lumber manufacturers resulted in increased costs for sawlogs during the past year, with some of the most significant increases occurring in western Canada, the Nordic countries, and Central Europe. Despite the higher production costs, the gross... Continue reading
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May 1, 2023
US lumber prices fall toward multi-year lows on low housing market
US lumber prices fell toward multi-year lows on Thursday, falling 4% to $382 per thousand board feet as the industry continues to seek a balance in supply and demand.... Continue reading