North America

US lumber futures post biggest-ever weekly loss

Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills [...]

Wood demand could stay strong for the next decade, says Weyerhaeuser CEO

The home-building and renovation boom could keep wood demand strong for the next decade, the biggest U.S. lumber [...]

Sawmill orders shrinking a sign that lumber prices might fall soon

As May rolled into June and following the dual long weekends of Victoria Day in Canada and Memorial Day in [...]

Resolute Forest Products invests $50 million in its sawmills

    Resolute Forest Products Inc. announced additional capital investments of $50 million in its wood products operations [...]

Timber import prices started to fall in China

    Timber import prices in China have started to fall in mid-May and continued the downward [...]

Global wood raw material supply is expected to tighten with through 2021

By the last quarter of 2020, timber demand was becoming excessive and record levels continued through Q1, 2021.    [...]

Shortages of wood raw material are widespread in US

More than 90% of US homebuilders report a shortage of lumber, OSB, and appliances.    The National [...]

N. American lumber price rally seems to stall

The unprecedented rally in the lumber market has begun to falter, but industry analysts expect lumber prices to remain at [...]

Canfor to invest $160 million in a new sawmill in Louisiana

    Canfor Corporation today announced it will invest approximately $160 million USD to build a new, state [...]