Markets
Dec. 13, 2018 – Trading of U.S. and Canadian softwood lumber last week continued its usual annual slide to seasonal holiday sawmill closures and curtailments.
Dec. 11, 2018 – Consumption of softwood lumber in the U.S. is forecasted to increase over the next decade and reach an all-time high by 2030. Canada is poised to continue being a dominant supplier of softwood lumber to the U.S., but there will be changes in log availability. The timber harvests on public lands in British Columbia are set to decline over the next decade and uncertainty surrounds log availability in the eastern provinces.
Dec. 4, 2018 – The Global Sawlog Price Index (GSPI) fell by 1.4 per cent from Q1 2018 to Q2 2018. This was the first quarter-over-quarter decline since the Q4 2016. Sawlog prices fell on all continents (in U.S. dollar terms) except for North America, where prices in Q2 2018 were 3.0 per cent higher than the previous quarter and up 13.5 per cent from Q2 2017. Most of the price increases in North America over the past year have occurred in Western U.S. and Western Canada, while log prices in Eastern Canada and the U.S. South have stayed quite stable during the same time period.
Nov. 28, 2018 – Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in Oct. after an upwardly revised Sept. report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since Dec. 2016. However, on a year-to-date basis, sales are up 2.8 percent from this time in 2017.
Nov. 21, 2018 - The question at hand: Why there is apparently no price difference between Canadian sales to domestic markets and sales to U.S. export markets?
Nov. 21, 2018 - Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October.
Nov. 9, 2018 – “Despite harvest challenges and market volatility, our specialty-focused lumber business continues to deliver revenue growth and higher price realizations,” said Don Demens, President and CEO, Western Forest Products, about the company’s Q3 2018 results. “Looking ahead, we expect to leverage the investments in our flexible operating platform to overcome challenging market conditions, ongoing lumber duty expense and increased stumpage costs.”
Nov. 8, 2018 – U.S. softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released U.S .Lumber Outlook Study by ForestEdge LLC and Wood Resources International LLC (USLOS2018).
Nov. 1, 2018 – Despite weaker lumber markets, Resolute Forest Products’ overall operating income in Q3 2018 increased by $14 million compared to Q2 2018, supported by higher pricing and improved productivity in their pulp and paper operations. Higher manufacturing expense, mostly associated with rising fibre costs, were mitigated by the favourable impact of the weaker Canadian dollar and improved freight costs.
Oct. 31, 2018 – Timber harvests in Russia were close to 190 million m3 in 2017, as estimated by WRI based on forest industry production, log usage and net exports of logs. The derived timber harvest was up approximately 6.2 per cent from 2016 primarily due to higher log consumption by the softwood sawmilling sector and the pellet industry.
Oct. 25, 2018 - Lower lumber prices and severe forest fires in Western Canada are partially behind Canfor's Q3 decline in both its lumber and pulp and paper segments, the company reports.
Oct. 23, 2018 – Despite lower third quarter SPF and plywood prices, West Fraser produced results that, while off the record pace of the second quarter, were still significantly ahead of the third quarter of 2017.
Oct. 22, 2018 –  Led by a drop in multifamily production, total housing starts fell 5.3 per cent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Oct. 17, 2018 – Worldwide trade of lumber inched up again in early 2018, hinting that this may be another record year. Six of the ten largest lumber-exporting countries in the world have increased their shipments in 2018, with exports from Russia, Germany, Ukraine and Austria increasing the most year-over-year.
Oct. 17 – Builder confidence in the market for newly-built
single-family homes rose one point to 68 in October on the National
Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Builder confidence levels have held in the high 60s since June.
Page 1 of 46

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Popular Articles

Marketplace


We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.