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North American Dimension Softwood Lumber Market Update: April 2017
This week, Canadian forest products operators were put out of some of their uncertainty and found out preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both countervailing (CVD) and anti-dumping (AD) duties. Please see https://madisonsreport.com/us-softwood-lumber-duty-announcement-apr-24-2017-20-per-cent/ for details on the latest duty announcement April…
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US Softwood Lumber Duty Announcement April 24, 2017: 20 Per Cent
Trey Yingst , Chief White House Correspondent: President Trump to put a 20% tax on #softwood #lumber entering the US from Canada #housing Canfor, West Fraser, Tolko, and Resolute will not be charged retroactive duties in the countervailing duty case. J.D. Irving and all other Canadian companies will be required to pay any CVD duties…
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Madison’s Anniversary
This week Madison’s Lumber Reporter (est. 1952) is delighted to announce the ninth anniversary of current publisher, Kéta Kosman! The first issue under her new ownership was April 17, 2008, when previous owner Laurence (Laurie) Cater RIP retired. Laurie hired Kéta as print production in June 2003. Laurie had taken over from Peter Madison in…
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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.…
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Canada Federal Government Lumber Trade Update
Attendees this week at the BC Council of Forest Industries AGM in downtown Vancouver, BC, got an excellent update on Canada-US softwood lumber trade issues from Assistant Deputy Minister at Global Affairs Canada, Kirsten Hillman, and BC Lumber Trade Envoy David Emerson. Robust ongoing demand and looming potentially-retroactive duties on softwood lumber later this month…
