by Web Editor | Mar 6, 2013 | News
Hundreds of sawmill representatives gathered in Portland Monday for a trade association meeting. Thanks to a recovering housing market, the U.S. demand for lumber is increasing. Last year, sawmills in Oregon, Washington, and Idaho sold about 10 percent more lumber....
by Web Editor | Feb 15, 2013 | News
Softwood lumber prices in the US and Canada are back on the rise as an improving housing market in the US has fed through to higher levels of demand and Canadian exports of softwood lumber to China are booming, the latest report has found. In its January 2013 edition...
by Web Editor | Jan 16, 2013 | News
A new five-year outlook shows that supply and demand conditions in wood products for the long-awaited ‘super-cycle’ are now taking hold, with the full impact still some 3+ years away. With the return of a demand-driven wood products market in 2012 – due to rapidly...
by Web Editor | Jan 14, 2013 | News
U.S. lumber prices are near an eight-year high as demand for the staple commodity of the American housing sector has risen on the back of a pick-up in new home construction. Lumber – or sawn timber – futures contracts for March delivery stood at $380 per 1,000 board...
by Web Editor | Dec 31, 2012 | News
After four years of being the forgotten commodity, lumber is back in the spotlight, named Scotiabank’s top pick for investors for the coming year. “The investment sentiment has changed,” said Patricia Mohr, vice-president of economics and a...