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Tag: Softwood Lumber Prices

NAHB 2018 International Builders’ Show®: January 2018

NAHB 2018 International Builders’ Show®: January 2018

For the three days of the annual National Association of Home Builders 2018 International Builders’ Show® (IBS) last week, building industry professionals from across the globe discovered a variety of products and innovative concepts that are sure to enhance their businesses moving forward. For all of 2017, the US construction industry added 210,000 jobs, a 35 per cent increase over 2016, according to the Bureau of Labor Statistics January 5. Even in December, with much of the nation frozen, the…

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Williams Lake, BC, Sawmill Post-Fire Rebuild

Williams Lake, BC, Sawmill Post-Fire Rebuild

Work is underway at Tolko Industries’ Lakeview Division in Williams Lake, BC, where the sawmill building was damaged by fire at the beginning of November. The Tolko board has approved the sawmill’s reconstruction, said Tom Hoffman, Tolko’s manager of external and stakeholder relations to the Quesnel Observer Tuesday. Williams Lake Sawmill Rebuild Tolko’s manager of external and stake-holder relations, Tom Hoffman, said to the Quesnel Observer Tuesday the company is trying to keep on as many employees as possible to…

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US Trade Entanglements

US Trade Entanglements

Madison’s has word from US Customs Brokers working the border that — upon requesting clarification from Customs and the DoC — it seems that, at least for now, shake and shingles are also captured in the highly punitive US softwood lumber CV and AD duties. As the bizarre US newsprint trade claim against Canada last week started to come into effect, documents were released this week with details of the Canadian appeal to the World Trade Organization against continued US…

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US Home Sales, House Prices, Construction Spending: Nov 2017

US Home Sales, House Prices, Construction Spending: Nov 2017

The latest data out of various US home building and sales agencies show a housing construction market much hotter than was anticipated in most projections for 2017.   Construction spending in the US during November 2017 was estimated at a seasonally adjusted annual rate of US$1,257 billion, 0.8 per cent above the revised October estimate of US$1,247 billion, reported the US Commerce Department Tuesday. The November figure is +2.4 per cent above the November 2016 estimate of US$1,227 billion. Spending…

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Canadian Forest Industry: Oct 2017

Canadian Forest Industry: Oct 2017

A flurry of full-year 2016 and October data for Canada’s forest products industry was released by Statistics Canada just before the end of last year. Manufacturing industry, including logging, and GDP by industry data is now out. Canada Forest Industry: October 2017 Total revenues reported by Canadian manufacturers increased to $664 billion in 2016, up 0.9 per cent or $6 billion from 2015, said Statistics Canada December 12. This follows a decline of $5 billion (-0.8 per cent) in 2015….

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Madison’s North American Heating Wood Pellet Report: Nov 2017

Madison’s North American Heating Wood Pellet Report: Nov 2017

Call our office or reply to this email now to receive a *FREE* full sample of the latest issue of Madison’s wildly popular Heating Wood Pellet Report, containing one full page of regional pellet prices across Canada and the US. Special one-time offer…. Don’t miss out on the latest data from Statistics Canada and US Census on wood pellet production, sales, and imports and exports, as well as pellet production feedstock consumption volumes and prices. To North American sawmills and…

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North American Forest Industry Back to Regular Operations: Jan 2018

North American Forest Industry Back to Regular Operations: Jan 2018

Just as Madison’s predicted not three weeks ago, demand for solid wood products continues fierce in 2018 and prices are showing signs of further strength in the months to come. It almost seemed like in 2017 lumber prices didn’t have a usual seasonal low; as follow-through of strong demand after US Thanksgiving kept manufactured wood products moving briskly out of North American sawmills. This boosted prices off what would historically be noticeable drops. As Madison’s expected in the last issue…

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Canadian Forest Industry: Oct 2017

Canadian Forest Industry: Oct 2017

A flurry of full-year 2016 and October data for Canada’s forest products industry was released by Statistics Canada just before the end of last year. Manufacturing industry, including logging, and GDP by industry data is now out. Canada Forest Industry: October 2017 Total revenues reported by Canadian manufacturers increased to $664 billion in 2016, up 0.9 per cent or $6 billion from 2015, said Statistics Canada December 12. This follows a decline of $5 billion (-0.8 per cent) in 2015. Total expenses were relatively unchanged, down $203 million…

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US on Forestry Import Duty Frenzy

US on Forestry Import Duty Frenzy

In addition to Canadian supercalendered paper and softwood lumber, Canadian newsprint is now also being subject to an import duty from the US. As well, the US and China are currently in a fight over paper and cellulose pulp, levying duties on each other for respective domestic imports. Published on the US Federal Register Wednesday was a Final Determination from the International Trade Commission (the final final duty rates and conditions), finding Canada at fault. As expected. However the paperwork…

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BC Softwood Lumber Exports: October 2017

BC Softwood Lumber Exports: October 2017

Softwood lumber exports by value from British Columbia are up 0.2 per cent for 2017 year- to-date October compared to the same period in 2016 ($11.64 billion vs. $11.62), said the Log Export and Economic Analysis Branch of the BC Ministry of Forests, Lands, and Natural Resource Operations December 13. Lumber value is down -6 per cent, while volumes are down -14 per cent. In terms of value by destination country, China is up 11 per cent as is Japan,…

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