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Current Softwood Lumber Prices Compared to Recent and Historical Highs: August 31, 3018
A seemingly incomprehensible North America softwood lumber market in 2018 continued it’s recent stabilization to end this pre-Labour Day holiday week somewhat moderated over last week. In the past week softwood lumber futures on the Chicago Mercantile Exchange have swing between US$425 and US$450, which provided little additional insight to this puzzling year but at…
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British Columbia Wildfires 2018/18: Impact on Forest Industry
The worst of possible bad news has happened and the wildfires across North America this year are as bad or worse than 2017. It looks like the wildfire experts were correct for the past couple of years when they said these epic forest fires are the new normal. Wildfire ecologists in British Columbia have been…
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US Newsprint Duties Cancelled, Funds to be Returned to Canadian Companies
The U.S. International Trade Commission has overturned duties imposed on Canadian newsprint, said the Canadian Press today. The commission says it found that imports of the paper product, part of the wider category of uncoated groundwood paper, do not injure US industry. The U.S. Commerce Department imposed anti-dumping and countervailing duties of various levels on…
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US Coniferous Log Exports: First Half 2018
Further to Madison’s latest story, about the skyrocketing levels of US softwood lumber exports to China, is equally stunning increase of US coniferous log exports to China. At the same time that Canadian sawmills are being blamed for the stark rise in North American construction framing lumber prices, in large part due to punishing US…
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US Softwood Lumber Exports: First Half 2018
As an exciting sneak preview of the upcoming quarterly issue of Madison’s Forest Pulse, the latest data on US lumber exports paints an astonishing picture. Given that Canadian sawmills are being blamed for high lumber prices — in large part due to the current punishing US softwood lumber duties — the stunning increases in US…
