Tag: NYSE: HOV

A topsy-turvey North American softwood lumber market righted itself somewhat last week even as large numbers of lumber traders descended on Chicago, IL, for the annual North American Wholesale Lumbermen’s Association (NAWLA) convention. Scuttlebutt from that important event is that the Canadians were most interested in exports to Asia, especially China. Prices on most construction…

North America softwood lumber and panel current and recent historical prices trend: 2-month bar charts:  

The latest quarterly report Madison’s has been producing this year for the federal government of Canada has found some interesting new developments in the market dynamics of producing and selling softwood lumber products. It is encouraging that Madison’s findings are this very week corroborated by analysts at Export Development Canada: Export economist predicts China to…

US #softwood #lumber production reversed it’s decrease last month, climbing a spectacular +9.0 per cent in August compared to the month prior and continued improvements over the previous year by growing another +2.0 per cent from August 2017, according to statistics from the Western Wood Products Association’s Lumber Track. US lumber production totaled 2,908 million…

The North America softwood lumber market ended October 2018 in a complete reversal to the rest of the year, and indeed most of 2017. Inventories were plump, customers were silent, producers were just starting to announce seasonal downtime, and secondary suppliers had an abundance of wood on hand. At sawmills, log supply was ample. Sales…