Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced

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Lumber shipment volumes were down. chip prices improved. improved production from the Duke Point sawmill in the second quarter of 2015 as a result of our ongoing modernization project offset the.

Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced June 4, 2019 Kta kosman confusion reigned only more last week in the North America construction framing dimension softwood lumber market as demand was very soft for what is normally the big home building season in the US.

The US turns to the European softwood lumber market Russia raises log export duties as to promote domestic wood processing Prices for Canadian softwood lumber imports in the US reach record highs New Zealand’s log prices at historical level Logs buyers in China buy directly from exporters avoiding US sawmills

There could be more mill closures in Quebec and more job losses in coming months as the forest industry adjusts to deflated demand for softwood lumber, analysts say. Several forest products companies.

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Mills that process both hardwoods and softwoods are included if at least 25% of the mill’s output is softwood. As thus defined, the softwood lumber sector in Canada and the continental United States consisted of about 1,300 saw- mills in 1995. Over time, as economic conditions fluctuate, this number changes.

Prices of Softwood Lumber and OSB Decline in June. In contrast, prices paid for gypsum and ready-mix concrete increased 1.3% and 0.4%, respectively, over the month. The softwood lumber price index fell for the first time in seven months and was the largest negative percentage change since September 2015.

Softwood Lumber Dispute Lumbers On: Preliminary Countervailing Duties on Canadian Softwood Lumber Announced (Part I) 04/28/2017 According to various news reports, on April 24, 2017, President Trump announced that the Administration would "be putting a 20% . . . tariff on softwood coming into the United States from Canada."

Thus on to a new front in the Wars Against our Friends (think of how future historians will write about this) – this week it is with Canada over softwood lumber, after U.S. President Donald Trump announced new tariffs of up to 24 percent for Canadian imports on Tuesday.

The latest softwood chip export data from Australia demonstrates that the resource is under significant pressure. Australia’s Declining Softwood Chip Exports: A ‘Canary in the Mine’ Moment Home