Softwood lumber supply and demand corrects on further sawmill curtailments – Wood Business

GLOBAL WOOD & FIBER SUPPLY CHAIN EXPERTS.. which continues to see sawmill closures and curtailments as more and more production exits the market.. which will put downward pressure on fiber pricing as sawmills continue to reduce production due to decreasing demand for lumber. The reduction.

The North American Wood Products Market – A Resource for Selling into the Hardwood, Softwood, OSB, Plywood and Composites Lumber Sectors. many of the leading “wood companies” are Canadian owned companies who own sawmills and wood production operations on both sides of the border. Conversely, many US owned companies have Canadian.

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So Mich is going to give us some color on the results, talk about the results in each of the business segments for a bit then he going to turn it back over to me and I’ll give you further. lumber.

When they are operational, the supply of wood fiber residuals will increase between 0.32 and 0.44 million tons per year. existing mills are also expanding as well – adding drying capacity, running longer hours and upgrading equipment to take advantage of the strong lumber market and plentiful supply of cheap softwood logs.

Curtailment Watch > Lumber Mills – Canada.. Tolko Industries Ltd. today announced the permanent closure of its Quest Wood sawmill in Quesnel and a reduction from two shifts to one at its Kelowna sawmill.. A lagging lumber supply has led West Kelowna’s Gorman Bros. Lumber Ltd. to let go.

The predictions are contained in the report: "Future Suppliers of Softwood Lumber to the US Market – Supply and demand outlook 2017-2030." The report forecasts US softwood lumber demand will grow at an annual rate of 2.3% through 2030, with a base case demand scenario suggesting that US lumber consumption will reach an all-time high by 2030.

MONTREAL – North American lumber prices are set to surge in the next couple of years amid a tightened supply from Canada as the U.S. housing market continues to strengthen after years of.

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 · Added to the worries of a stumpage rate increase are softwood lumber duties to the United States and potential reductions in various parts of B.C. to annual allowable cuts which would further.

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