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 | Apr 14, 2014 | News
Contacts are still talking about the impacts of the terrible winter weather on the hardwood industry. Deep snow and biting cold slowed logging and hurt sawmill production. One Indiana mill reported 145” of snow this winter; the normal is 40”. Log prices have been...
by Web Editor | Mar 24, 2014 | News
The bitter winter froze homebuilders to start the year, but analysts and lumber producers expect demand to bounce back. Housing starts fell to an annual rate of 907,000 nationwide in February, down two-tenths of a percentage point from the January estimate, the U.S....
by Web Editor | Feb 7, 2014 | News
Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31 percent to C$28 million, or 20...
by Web Editor | Feb 5, 2014 | News
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—trends up to 117.8 in February and 124.3...
