by Web Editor | Nov 1, 2013 | News
The head of West Fraser Timber warned Tuesday that demand for lumber can be volatile through the winter as the recovery in the U.S. housing market continues to be slow. Lumber prices were up in the third quarter, helping boost the Vancouver-based company’s...
by Web Editor | Oct 4, 2013 | News
The recent visit by the Council of Forest Industries brought out some of the industry’s heaviest hitters, and also the news that U.S. lumber markets continue to bounce back. It was acknowledged by COFI board chair Nick Arkle that China’s arrival as a...
by Web Editor | Jul 15, 2013 | News
Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long depressed commodity that could be on the cusp of better things. RBC...
by Web Editor | May 13, 2013 | News
U.S. lumber prices are falling in response to a late, cold spring in some parts of the country, and to a sharp first-quarter production increase by mills that may have overestimated gains in housing starts, lumber industry participants said. By early May, industry...
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...
