US offshore softwood lumber exports soared in 2011, according to industry newsletter Random Lengths. Shipments offshore reached 984 million m³ up 48% on 2010 and the largest volume since 1997. China replaced Canada as the US’s ...
Tags: market view, softwood, export
Vancouver-based West Fraser Timber -- North America's largest softwood lumber producer -- posted a fourth-quarter loss of $10.6 million, or 25 cents a share from operations hurt by weak lumber and pulp prices in October-December. It earned ...
Tags: market view, lumber, price
The United States and Canada have announced a two-year extension of the Softwood Lumber Agreement, which those in New Hampshire’s lumber industry say is good news. “Most everybody that I know that’s producing softwood ...
Tags: market view, lumber
OTTAWA - Canada and the United States have bought two extra years of relative peace on the lumber front. The two governments agreed Monday to extend the 2006 softwood lumber agreement by two years to October 2015 with no modifications to ...
Tags: market view, softwood, lumber
The Bureau of Labor Statistics (BLS) reported that the Producer Price Index (PPI) for materials and components used in construction was unchanged in November after rising 0.3% in October. The index was up 3.8% on a year-over-year basis, but ...
The financial problems facing the Central European sawmill industry since 2010 have continued during 2011 as well. Additional major players in the sector reported significant financial problems early in the year, which sometimes led to ...
Tags: market view, Central European, sawmilling
Even by early December, no agreement had been reached in the majority of negotiations between Japanese importers and European exporters on softwood lumber contracts for delivery in the first quarter of 2012. In the case of standard ...
Tags: market view
Swedish softwood lumber producers are expecting the underlying market conditions to remain difficult in the business year 2012. Participants at this year’s timber industry conference Trämarknaden in Karlstad believe the main ...
Tags: market view
U. S. And Canada are prepared to extend a shaky softwood lumber trade agreement put in place seven years ago to benefit local mills, a U. S. Lumber lobbyist said Thursday in Longview. If approved, both sides will revisit the contract in ...
Tags: market view, timber, trade agreement
Shrinking demand on the Spanish sales market has recently led to more price cuts for Scandinavian softwood lumber there. From what market insiders say, demand in Spain has subsided more strongly by the end of November than otherwise usual ...
Tags: market view, softwood lumber, price, spain
The Australian Customs and Border Protection Service launched anti-dumping procedures against softwood lumber imports from Germany, Austria, the Czech Republic, Estonia, Latvia, Sweden, Canada, and the USA. Mainly concerned from a European ...
Tags: market view, dumping import
Softwood lumber prices on the German market were held comparatively steady until the end of November. Market players are attributing this development partly to comparatively brisk production and sales of value-added timber-construction ...
Tags: market view, softwood lumber, price
Canfor Corp. Has reached an agreement with Tembec to purchase Tembec's two eastern British Columbia sawmills for $60 million, including working capital. The deal gives Canfor Tembec's mills at Canal Flats and Elko along with 1.1 million ...
Tags: market view, sawmill, Canfor
With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the WRQ. The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09 to $90.18/m3. With a ...
Tags: market view, sawlog, lumber, price
Several major Scandinavian groups have announced extensive cuts in their softwood lumber output in the last few weeks, owing to the deteriorating underlying conditions on the international softwood lumber markets. The measures, most of ...
Tags: market view, Scandinavian, lumber, softwood