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
Canfor is permanently closing two mills in British Columbia (BC). The closures affect the Rustad sawmill in Prince George and Tackama plywood mill in Fort Nelson. The mills had been the subject of a lengthy indefinite shutdown since the ...
Tags: market view, mill, plywood
THE Australian government should create a national plan for plantations and renew existing regional forest agreements to ensure the timber industry's future, a federal parliamentary inquiry has found. This approach should include whether ...
Tags: market view, Timber, building industry
There is an old adage that says, he more things change, the more they stay the same. I never have found that one to be functionally practical the way many old sayings can often be. Maybe it actually refers to technology changing and human ...
Tags: industry trends, lumber
Russian forest products group RusForest AB has recorded a third-quarter net loss of SKr77.5m (2010: SKr-65m). The company, which has blazed an acquisition trail in recent years, blamed the losse on on low capacity utilisation and start-up ...
Containerboard and Market Pulp Pricing Under Pressure, Recycled Board Flat Nov. 22, 2011 - According to analysts at Deutsche Bank (DB), November estimated containerboard prices were flat month/month at $635-645/ton. However, pressure on ...
Tags: market view, Containerboard
MONTREAL - Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million. The Montreal-based ...
Tags: market view
The lumber sector recently entered into a period of seasonal strength. What are prospects this year? Canadian lumber stocks such as Canfor, West Fraser Timber, and International Forest Products have a period of seasonal strength from ...
Tags: market view, lumber
Nov 10 (Reuters) - Western Forest Products posted a rise in its third-quarter profit on improved demand for the Canadian company's lumber and log products. July-September net income was C$7.6 million, or 2 Canadian cents a share, up from ...
Tags: market view, demand, lumber
The lumber sector has just entered into a period of seasonal strength. How can investors participate in the sector with exchange traded funds (ETFs)? Seasonal influences for lumber are positive from the middle of October to the middle of ...
Tags: Lumber
JACKSONVILLE _ (Editor's note: This is the sixth in a series of stories looking at the cause and impact of the Drought of 2011.) Trees. The word is almost synonymous with East Texas. Stately piney woods and lush vegetation are constants in ...
Tags: timber
Global demand for timber has increased since the economic downturn, a new study has shown. Figures compiled by the United Nations Economic Commission for Europe (UNECE) have indicated that consumption of forestry products in Europe, former ...
Tags: timber