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North America Lumber Sales Steady in Jan 2019, Prices Firm Somewhat
Canadian and US construction framing dimension softwood lumber prices generally stayed firm last week, while panel prices corrected upward by a noticeable margin. In dimension lumber, benchmark commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr reversed huge drops into the end of 2018 to close last week at US$338 mfbm, a $10 or 3% pop from the…
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Global Wood Demand Slows in 2018: World Bank
In 2017, China imported US$8.83 billion of total lumber products from the United States, according to the World Bank. However, 2018 saw China impose a 10% retaliatory tariff on US lumber products and threatened a larger 25% tariff on US$60 billion of total US goods, said Freight Waves Freight Waves Tuesday. The United States has…
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NEW BUILDING WITH WOOD: USA
The International Code Council (ICC) December 21 released the unofficial voting results on US building code change proposals considered in 2018, including passage of the entire package of 14 tall mass timber code change proposals, clearing the way for their inclusion in the 2021 International Building Code (IBC). Taken together, the 14 tall mass timber…
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North American Sawmill Capacity Utilization, Lumber Production: Oct 2018
US #softwood #lumber production in October recovered from sharp drops in September data, leaping by +14% compared to the month prior and popping +4% from October 2018, according to statistics from the Western Wood Products Association’s Lumber Track, released Monday. US lumber production totalled 3,119 million board feet (MMBF) in October compared to 2,737 MMBF…
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Softwood Lumber Selling at the Start of 2019 Continued Lukewarm But Satisfactory
As 2019 softwood lumber selling resumed following the holiday break, prices of quite a few standard construction framing dimension lumber commodities remained flat while others popped up or dropped down slightly depending in supply and customer inventories in the field. Producers and resellers received plenty of calls for inquiry, but booked much fewer sales as…