North American lumber giants: market volatility and weak prices expected for Q2/2023

North American lumber companies are currently facing a myriad of challenges in the industry, as rising inflation and higher interest rates significantly impact consumer spending in the housing sector. Conifex Timber, Interfor, and Canfor are closely monitoring the situation, expecting the weakest lumber prices seen in years.  Interfor expects lumber market volatility Interfor anticipates volatility in the near-term North American lumber markets as the economy adjusts to various factors, including inflationary pressures, elevated interest rates, labor shortages, and geopolitical uncertainty. However, over the mid-term, Interfor expects lumber markets to benefit from favorable underlying supply and ...