US Lumber Prices Soar, Creating Huge Uncertainties

Impact of Pending Export Duties Now Built into the Market; Where are Prices Headed Now? The U.S. lumber markets are already seeing some major price volatility, where W-SPF lumber prices soared by a whopping 25% (US$78/Mbf) in the three-week period between January 27 and February 17, 2017 and up US$83/Mbf over the previous five-week period. […]

News Release: China’s Imports Rebound in 2016

China’s Imports Rebound in 2016 – led by Lumber (+19%) and Logs (+9%) Chinese wood products production and demand increased in 2016, fuelling log and lumber import gains from Russia, but also from the USA, New Zealand (logs), Australia (logs) and Canada (logs) and Europe (lumber). Final year-end statistics for 2016 show that China’s imports of […]

News Release: Impact of 30+% Duties on Canadian Lumber Exports to the USA

A Key Wildcard and Timely Topic of Discussion at the May 11 Global Conference The topic of export duties on Canadian lumber exports to the U.S. is now revving up, given the announcement by the US ITC this week. On January 9, 2017, the US International Trade Commission (US ITC) ruled on its Preliminary Determinations […]

News Release: North American OSB Market to Improve in 2017

The Timing of Curtailed and New Mill Start-Ups is the Key Wild Card for 2018/19. In WOOD MARKETS’ new five-year OSB & Plywood Chapter forecast, finding the right balance between OSB mill start-ups relative to the expected strong U.S. housing demand will be a key wild card over the next few years in North America. After […]