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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 Building Projection: Fiscal Year 2017

Japan Building Projection: Fiscal Year 2017

On July 26, Japan’s Research Institute of Construction and Economy and the Economic Research Association released “Outlook of Construction Investment According to Construction Economy Model”, said Japan Lumber Journal October 15. In that report, the organizations predict Japan housing starts in fiscal 2017 (from April 2017 to March 2018) to decrease 1.3 per cent compared with the previous fiscal year, to 962,000 units, and those in fiscal 2018 to be the same amount (962,000 units) as the year before. As…

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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: July 2017

Japan Housing Starts: July 2017

According to a report released by the Ministry of Land, Infrastructure, Transport and Tourism on August 31st, Japan’s housing starts in July were 83,234 units, a drop of 2.3 per cent from the same month in the previous year, said Japan Lumber Journal September 15. When compared to the previous months, that figure decreased by 4.8 per cent and the seasonally-adjusted annual rate was 974,000 units, down 3 per cent from the previous month, falling below the 1,000,000 units for…

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Japan Wood Demand Projection 2017

Japan Wood Demand Projection 2017

Japan’s Forestry Agency projected the country’s wood supply of structural laminated lumber for 2017 is up +5.2 per cent, and that of plywood is up +3.2 per cent compared to the previous year, said Japan Lumber Reports Friday. New housing starts in Japan are forecast by eleven private think tanks based on GDP for 1Q 2017 is 940,000 units, a drop of 3.5 per cent from 2016’s 974,000 units, said Japan Lumber Reports. The Agency wood demand 2017 projection for…

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