Prices
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Tariffs send lumber prices to 30-month high
Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S. Trump on Saturday asked the Commerce Department to investigate the national security harm posed by lumber imports. Those shipments largely come from Canada, which is already facing the threat of 25 per cent tariffs on its goods. The most-active contract in Chicago rose as much as 3.5 per cent to the highest since August 2022. Shares of some Canadian lumber companies slumped on Monday, with Interfor Corp. dropping as much as 9.9 per cent, the most since June 2022. Canfor Corp. fell as much as 3.5 per cent. The investigation will examine whether exporters like Canada, Germany, and Brazil are dumping lumber into U.S. markets at the expense of American economic prosperity and national security, Bloomberg reported, citing... Continue reading
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March 5, 2025
Tariffs send lumber prices to 30-month high
Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S. Trump on Saturday asked the Commerce Department to investigate the national security harm posed by lumber imports. Those shipments largely come from Canada, which is already facing the threat of 25 per cent tariffs on its goods. The most-active contract in Chicago rose as much as 3.5 per cent to the highest since August 2022. Shares of some Canadian lumber companies slumped on Monday, with Interfor Corp. dropping as much as 9.9 per cent, the most since June 2022. Canfor Corp. fell as much as 3.5 per cent. The investigation will examine whether exporters like Canada, Germany, and Brazil are dumping lumber into U.S. markets at the expense of American economic prosperity and national security, Bloomberg reported, citing... Continue reading
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October 7, 2024
EU sawmills return on the Japanese market: 50% export growth
Between January and July 2024, softwood lumber exports from the European Union to Japan have experienced a remarkable growth. According to recent figures provided by Eurostat, Japan imported softwood lumber worth EUR 422.8 million, reflecting a substantial 48% increase from EUR 284.9 million in the same period in 2023.... Continue reading
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October 29, 2024
Log import prices in China have increased steadily over the last couple of months
The CFR log prices in China have risen steadily over the last couple of months.... Continue reading
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October 29, 2024
Log import prices in China have increased steadily over the last couple of months
The CFR log prices in China have risen steadily over the last couple of months.... Continue reading
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October 29, 2024
Log import prices in China have increased steadily over the last couple of months
The CFR log prices in China have risen steadily over the last couple of months.... Continue reading
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November 8, 2023
Global wood prices continue to fall
The global wood market is also going down steeply. The problems on other continents are almost the same as in Europe. Rising interest rates are strangling the housing market and plunging the construction industry into a serious crisis.... Continue reading
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October 29, 2024
Log import prices in China have increased steadily over the last couple of months
The CFR log prices in China have risen steadily over the last couple of months.... Continue reading
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March 5, 2025
Tariffs send lumber prices to 30-month high
Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the U.S. Trump on Saturday asked the Commerce Department to investigate the national security harm posed by lumber imports. Those shipments largely come from Canada, which is already facing the threat of 25 per cent tariffs on its goods. The most-active contract in Chicago rose as much as 3.5 per cent to the highest since August 2022. Shares of some Canadian lumber companies slumped on Monday, with Interfor Corp. dropping as much as 9.9 per cent, the most since June 2022. Canfor Corp. fell as much as 3.5 per cent. The investigation will examine whether exporters like Canada, Germany, and Brazil are dumping lumber into U.S. markets at the expense of American economic prosperity and national security, Bloomberg reported, citing... Continue reading