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Canada and US Forestry Data: Full Year 2017
Data of volumes and values of North American forestry production, sales, and exports is starting to emerge out of Statistics Canada, Industry Canada, and the US Census. Of intense interest is Canadian softwood lumber production for full-year 2017. Now that the average approximately 20% US lumber duties are in effect, the movement of wood last…
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Sawmills Invest, Buy, Expand
Atlanta, GA’s, BMC Stock Holdings will acquire the business of W.E. Shone, the leading supplier of building materials in Delaware, said the company in a press release Wednesday. Tolko Industries, out of Vernon, BC, announced also Wednesday it has partnered with Louisiana-based Hunt Forest Products to build a state-of-the-art sawmill near Urania, LA. Elsewhere, Alabama’s…
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Astonished Customers Delay Buying as Softwood Lumber Prices Remain High
Players in the recent overheated lumber market took a pause this week as benchmark WSPF KD 2×4 #2&Btr cash prices stayed flat over the previous week. The lumber futures board on the Chicago Mercantile Exchange dropped down-limit at close Thursday and continued it’s slide in active trading Friday. Sawmills were able to respond to reluctant…
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Opinions Vary on Market Conditions as Lumber Prices Rise
FURTHER TO LAST WEEK’S LUMBER MARKET COMMENT “Prices Are Elevated and Might Just Correct Downward” …. Madison’s has received, and is receiving many comments with informed opinions from operators: An astonishing increase in values of lumber futures on the Chicago Merchantile Exchange in the past week did a lot to keep upward pressure on cash…
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Canada Lumber Exports, Not to USA
The China section of Canada Wood Group wrote February 6 that from January to November 2017 China’s forestry fixed asset investment totalled RMB 204.1 billion (C$40.13 billion), representing +3.2 per cent growth year-on-year. During the same period wood volumes imported via Taicang Port equalled 10.29 million cubic metres, which is equal to a +27.18 per…
