Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced

Jim Girvan, a forestry consultant who estimated in 2010 that 16 Interior lumber, veneer and plywood mills would shut down in B.C. by 2019 (which is exactly how many did) more recently predicted in.

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However, softwood. under more conservative housing start forecasts. average fourth quarter benchmark Eastern Spruce Pine fir and Southern Yellow Pine lumber prices declined 30% and 11% respectively.

 · Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced June 4, 2019 Kéta Kosman Confusion reigned only more last week in the north america construction framing dimension softwood lumber market as demand was very soft for what is normally the big home building season in the US.

Softwood Lumber Prices – Madison’s Lumber Reporter – Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced June 4, 2019 Kta Kosman Confusion reigned only more last week in the North America construction framing dimension softwood lumber market as demand was very soft for what is normally the big home building season.

Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced June 4, 2019 Kta Kosman Confusion reigned only more last week in the North America construction framing dimension softwood lumber market as demand was very soft for what is normally the big home building season in the US.

On November 24, 2005, the U.S. Commerce Department announced it would comply with a separate NAFTA panel’s order to cut a 16 percent duty on Canadian softwood lumber imports for now. The following month, the DoC announced recalculated countervailing and anti-dumping duties on softwood, totaling 10.8 percent.

Market pulp operating income in the market pulp segment was $16 million, $9 million more than the first quarter. Following price increases. our imports to the U.S. of softwood lumber products.

The Vavenby sawmill had an annual production capacity of 250 million board feet. Subsequent to quarter-end, the Company announced. closures in this region are expected. As a result, lumber prices.

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Softwood sawmills consume more grade logs than all other North American grade markets combined, and the value of these logs exceed any other market for stumpage or chips. U.S. markets alone consumed over 44 billion board feet of softwood lumber in 2015.