Market conditions for North America softwood lumber products-the supply-demand balance-has changed drastically in recent weeks. The slowdown in US construction activity has caused lumber producers to pump the brakes just a few months after surging demand drove price levels to new highs.
Wood products manufacturers can expect to see pre-tax profits drop to $1.4 billion this year and $1.1 billion in 2018. Softwood lumber duties will cause production within the industry’s sawmills segment to contract in 2017. Non-lumber production will help the industry manage GDP growth of 0.3 per cent this year.
Published weekly since 1952, Madison’s Lumber Reporter is Canada’s only national publication tracking the North American lumber and panel markets. Madison’s tracks North America’s lumber and panel prices and market comment every week. Our sources keep us up-to-date with what is happening on the ground with Canadian and US sawmills and lumber wholesalers.
Not for further reproduction.. claim that canadian lumber imports and soft- wood lumber produced in the US are not substitutes and that Canadian imports meet US consumer demand and do not. tionship on substitution and demand for softwood lumber. According to Shephard’s lemma, cost.
Softwood lumber supply and demand corrects on further sawmill curtailments – Wood Business The U.S. Department of Commerce believes Canada’s federal government unfairly subsidizes wood harvested from its national forests, giving Canadian sawmills. its own lumber demand, and, with.. WHITE PLAINS, N.Y.
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North American softwood lumber prices end the year on an uptick. North america north american lumber prices Likely To Touch US$500/Mbf In Next Two To Three Years6 The North American lumber market is poised to take-off due to recovering US housing starts, improving repair and remodeling activity, and surging demand in China.
There are only two major sawmill equipment suppliers and each is requiring deposits to secure a place in line. As we think about the demand and supply dynamics, fundamentals appear much stronger than.
A combination of log supply constraints, log costs and market conditions resulted in Canfor curtailing production at the Company’s BC lumber operations by approximately 100 million board feet in the.
· Sawmill explosion has thrown B.C.’s forest industry into turmoil The potential for dry beetle-killed wood to pose a safety hazard comes at a time when the.