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...
by Web Editor | Apr 22, 2016 | News
West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the Commerce...
by Web Editor | Mar 18, 2016 | News
Global trade of softwood lumber reached a 10-year high in 2015, with lumber prices trending downward in many key markets over the course of the year, reports the Wood Resource Quarterly. A majority of the 20 largest softwood lumber-consuming countries in the world...
by Web Editor | Feb 24, 2016 | News
While the lumber economy is improving, it still has a long way to go to fully bounce back from the 2008 recession. For the consumer, this means cheaper prices for raw wood materials needed to build houses, make home repairs or other do-it-yourself projects. “Oh...
