by Web Editor | Jun 23, 2014 | News
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital Economics, a London-based...
by Web Editor | Nov 13, 2013 | News
Worldwide demand for North American hardwoods climbed faster than supply in October and lumber prices followed suit. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales manager for one exporting company...
by Web Editor | Oct 18, 2013 | News
With the fear of lumber shortages as strong as the outlook for 2014, lumber sales should hold steady through year-end even as North American manufacturing winds down for the winter. Global consumer confidence will also get a boost as the U.S. debt default is...
by Web Editor | Jul 15, 2013 | News
Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long depressed commodity that could be on the cusp of better things. RBC...
