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Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
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B.C. Forest Product Exports – February 2015
Highlight of Exports YTD 2015 (February), compared to YTD 2014 (February): • BC forest product exports totalled $1.96 billion, up 4.8 per cent from $1.88 billion. • Share of export value by market: US (48.2 per cent, up from 42.3 per cent), China + Hong Kong (28.7 per cent, down from 30.9 per cent), Japan…
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NRCan Invests in Cascades’ Quebec Sawmill
Natural Resources Canada Friday announced a $10-million investment in innovation at Cascades Canada’s Norampac-Cabano mill in Témiscouata-sur-le-Lac, QC. Under the project, funded as part of NRCan’s Investments in Forest Industry Transformation (IFIT) program, Cascades will extract hemicellulose from hardwood chips through a new, hot water–based pulping process. The naturally occurring hemicellulose — a polymer in…
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Canada Housing Starts: March 2015
Canadian housing starts rose much more sharply than expected in March as groundbreaking on new condominiums and apartments in urban areas surged 48.2 per cent, while February numbers were revised slightly lower, data showed on Friday. The report from the Canadian Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts rose…
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February Housing Starts, Japan
Total housing units built in Japan for February were 67,552, a 3.1 per cent drop compared to February last year, according to the Japan Lumber Reports Friday. On a seasonally adjusted basis, annual starts were 905,000 units, a 4.7 per cent increase over February 2014. Japan Housing Starts The pace of new owner’s units built…
