by Web Editor | Dec 19, 2016 | News
Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO) reported in September that world trade will expand by only...
by Web Editor | Oct 28, 2016 | News
The Canadian government is warning U.S. politicians about the consequences of a possible new softwood lumber dispute. A letter from International Trade Minister Chrystia Freeland and David MacNaughton, the Canadian ambassador to Washington, went out today to two-dozen...
by Web Editor | Oct 26, 2016 | News
With the expiry of the U.S.-Canada Softwood Lumber Agreement, the outcome of what is next features two main potential options. The impact of probable duties on Canadian lumber exports to the U.S. is one option and this will be a game-changer for different producing...
by Web Editor | Aug 1, 2016 | News
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...
by Web Editor | Jul 6, 2016 | News
Global softwood lumber production is on pace to break the record set in 2015. That production is being driven in large part because the top 10 importing countries increased lumber imports during 2016’s first quarter. Global production is up 20% in the year’s first...