by Web Editor | Mar 11, 2013 | News
There’s no way North American stud lumber sawmills will be able to keep up with the recovering U.S. housing market, new research being compiled by the International Wood Markets Group shows. The shortage of studs — boards used to frame walls in residential houses — is...
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 | Jan 4, 2013 | News
Lumber futures jumped to an eight-year high, as signs of a pickup in Chinese buying added to optimism about the U.S. housing recovery that has fueled a three-month boom in the building material. Prices of lumber for January delivery on the Chicago Mercantile Exchange...
by Web Editor | Oct 31, 2012 | News
Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million, or 16 cents per share, for the third quarter...
