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North American Lumber Market Update: April 2017
Next week, Canadian forest products operators will be put out of their uncertainty and will find out any preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both CVD and AD duties. LATEST SOFTWOOD LUMBER PRICE MOVEMENTS APRIL 2017: Benchmark dimension lumber commodity Western…
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Canada Sawmills: January 2017
Canadian lumber production rose 19.5 per cent in January, with sawmills producing 5,813.4 thousand cubic metres of lumber, said Statistics Canada April 10. Production was 5.2 per cent higher than January 2016. In January, sawmills shipped 5,452 thousand cubic metres of lumber, up 10.1 per cent from December. Shipments were 2.8 per cent higher than…
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Canada and US Sawmill Capacity: January 2017
Rates of production as percent of practical capacity for North American sawmills was 82% in the US for January 2017, compared to 84% the previous year and 86% for full year 2016, said the latest issue of the Western Wood Products Association Lumber Track Thursday Capacity utilization of sawmills in Canada remained at at 93%…
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Canada Building Permits: February 2017
Canadian municipalities issued $7.5 billion worth of building permits in February, down 2.5 per cent from January, said Statistics Canada Thursday. Ontario and Alberta led the five provinces that reported declines in February. The national decrease was mainly the result of lower construction intentions for single-family dwellings and institutional structures. The value of residential building…
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Japan Housing Starts: February 2017
Total housing starts in Japan were 70,912 units in February, down 7.3 per cent compared to last month and down by 2.6 per cent compared to February 2016, according to Japan Lumber Reports Friday. New rental units increased for ten consecutive months but new units for sale dropped sharply after a decline in condominium building.…
