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Softwood up in China

Posted February 17th, 2010 in News Leave A Comment

According to Wood Resources International , import figures for the first three quarters of 2009 show an 81% increase over the previous year’s softwood figures. The final figures may mark the first year that China imported more lumber than Japan whose production slowed significantly. Canadian mills appear to have benefited most from this, with exports [...]

Tags: China, Import, import figures, increase, International, international import, Japan, Lumber, North African, previous year, producers, resources international, Resoures, Show, three quarters, wood, wood resources, year

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Hardwood Lumber & Softwood Lumber News

The major news today is that existing home sales were down 27 percent. So the moral of the story is that , as housing remains flat, lumber supply and lumber demand will continue to reach an equilibrium. Lumber mills remain cautious as potential as potential homebuyers remain on the sidelines. This is impacting wholesale lumber [...]

Domestic Lumber Down, Global Timber Up

According to the CME, the lumber futures market for September closed down by apx 2.39 percent and November was down , lower at 1.57 percent. As housing starts remain sluggish, structural lumber supply inventories of SY pine lumber, doug-fir, and hem-fir may grow putting price pressure on lumber mills. This will also impact non-commodity items [...]

Lumber Futures & New Home Sales Up

Many softwood and hardwood lumber companies have been announcing postive earnings for the Q2 of 2010. This is due to firm prices in the 2nd quarter of 2010 for framing lumber species and the hardwood species including red oak, white oak, soft maple, hard maple, cherry, & walnut. New home sales were up in June. [...]