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North America Lumber and Panel Prices Settle Back to Normal Territory

North America Lumber and Panel Prices Settle Back to Normal Territory

While still high compared to recent years, US and Canadian lumber prices this week started to approach what could be considered normal territory . Inventories in the field remain lean, however sawmills have managed to get wood ordered in 2Q out to their customers and are now able to assess the assets in their own yards. Current Softwood Lumber Prices Compared to Recent and Historical Highs Recent mayhem in the lumber market, especially with prices, is starting to abate. Manufacturers…

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Canada Sawmills: April 2018

Canada Sawmills: April 2018

Lumber production in Canada rose +0.5% from March to 5,925 thousand cubic metres of lumber in April, said Statistics Canada Wednesday. Production was +2.5% higher than in April 2017. Sawmills shipped 5,807 thousand cubic metres of lumber in April, up +7.7% from March but -1.4% lower than in April 2017.

British Columbia Coastal Log Prices: May 2018

British Columbia Coastal Log Prices: May 2018

Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May 2018 (sample issue: March 2018) The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to…

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Japan Wood Product Demand Projection: 1H 2018

Japan Wood Product Demand Projection: 1H 2018

The Japan Forestry Agency has held it’s meeting for estimating wood product demand projection for the first half of 2018, said the Japan Lumber Reports Monday. Officials expect a drop in domestic supply of logs to bring an increase in Japan’s log imports from North America in 2Q 2018 and from New Zealand in 1Q. However domestic supply of logs for plywood production is expected to increase +8.5 per cent. Lumber supply from North America is expected to continue 2018…

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Japan Housing Starts: November 2017

Japan Housing Starts: November 2017

According to a report released by the Japan Ministry of Land, Infrastructure, Transport and Tourism on December 27th, Japan’s housing starts in November 2017 were 84,703 units (down 0.4 per cent from the same month in the previous year), falling below the previous year’s results for five consecutive months, said the Japan Lumber Journal Monday. When compared to the previous month, the figures increased by 2 per cent. The seasonally-adjusted annual rate was 951,000 units (up 1.9 per cent from…

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Japan Housing Starts: August 2017

Japan Housing Starts: August 2017

According to Japan’s Ministry of Land, Infrastructure, Transport and Tourism, Japan housing starts for August were 80,562 units (down 2 per cent from the same month in the previous year), falling below the previous year’s results for two consecutive months, said Japan Lumber Journal Monday. Japan Housing Starts The seasonally-adjusted annual rate for housing starts in Japan for August was 942,000 units, down 3.2 per cent from the previous month, and falling below 950,000 units for the first time in…

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Japan Housing Starts: November 2016

Japan Housing Starts: November 2016

Housing starts in Japan for November were 85,051 units, a 6.7 per cent increase over 2015 and a 2.5 per cent drop from October, according the Japan Lumber Reports Thursday. Japan Housing Starts: November 2016 The accumulated total of starts for eleven months in 2016 was 888,831, a 6.8 per cent increase over the previous year. Housing starts in Japan have been over 80,000 units for six straight months. Assuming starts continue with this pace, annual starts will be more…

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Japan Wood Consumption: FY 2015

Japan Wood Consumption: FY 2015

The results of Japan’s intensive campaign to foster a domestic lumber production industry over the past couple of years are in; Japan’s Forestry Agency released the data for the Wood Supply and Demand in 2015 to the public on September 27, said Japan Lumber Journal Thursday. According to the report, the total amount of demand for the year (after conversion to the log equivalent) was 75,300,000 cubic metres, which is down 0.7 percent compared with the previous year, and the…

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Japan Housing Starts: September 2016

Japan Housing Starts: September 2016

According to a report released by Japan’s Ministry of Land, Infrastructure, Transport and Tourism on October 31st, Japan’s housing starts in September were 85,622 units (up 10 per cent from the same month in the previous year), surpassing the previous year’s results for three consecutive months, said the Japan Lumber Journal Thursday. When compared to the previous month, the results increased by 4.1 percent, and the seasonally-adjusted annual rate was 984,000 units (up 3 percent from the previous month). Looking…

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Japan Housing Starts

Japan Housing Starts

Japan housing starts improved by 3.9 per cent in September 2016, to 85,622 units annually on a seasonally-adjusted basis from 82,242 units one year ago, according to Japan Lumber Reports November 4. The proportion of wood-framed new construction — at 49,733 units — dropped to 58.8 percent, from 48,7171 units, or 59.2 percent in August. New units built for owners were 25, 573 compared to 26,341 in August. New units built for sale were 21,339, compared to 18,509 in August. The proportion…

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