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Utility-Grade Lumber Prices Jump, Forestry Labour Stoppage Resolved, Sawmill Capacity Utilization Improves
What a month for Big News in forestry February 2020 has been so far; with last week’s US Commerce Dept announcement of preliminary lowered softwood lumber duties on Canadian wood imports, and just this week a potential resolution to the extremely long-lasting forestry labour disruption on British Columbia’s west coast.As well this week the Western…
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Western-Spruce-Pine-Fir #3/Utility Prices Surge: Feb 3, 2020
Madison’s Lumber Reporter has received several inquiries over the past couple of weeks about the reasons behind the sudden surge in #3/Utility grade Western-Spruce-Pine-Fir dimension softwood lumber prices. After connecting with industry, Madison’s discovered these lumber market conditions: Sales volumes cruised along at a “great pace” this week for Canadian producers of Western-Spruce-Pine-Fir softwood lumber…
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US Commerce Dept Preliminary Ruling Significantly Lowers Canada’s Softwood Lumber Duty
As the Softwood Lumber Dispute V file winds it’s way through the usual US domestic as well as international trade court tribunals, a preliminary ruling Monday from the US Commerce Dept brings a sharp reduction in the duty rates paid on Canadian softwood lumber entering the US. All companies named, as well as the group…
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US Commerce Dept Preliminary Determination Lowers Canada’s Softwood Lumber Duty Rate Significantly
February 3, 2020, the U.S. Department of Commerce released its preliminary determination for the First Administrative Review (AR1) in antidumping duty (AD) and countervailing duty (CVD) investigations of imports of certain softwood lumber products from Canada. The final determination by the US Commerce Dept on Canada’s softwood lumber duty rate will be in August. At…
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Construction Framing Dimension Softwood Lumber Price Pop Up This Week
Updated for subscribers Friday morning 8:30am Eastern Time, Madison’s weekly North American softwood lumber prices move up this week as good housing construction weather continues in various densely-populated parts of the US and Canada. Another week of strong softwood lumber demand capped off an encouraging first month of 2020. https://madisonsreport.com Inventories of dimension lumber and…