Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced

This week, major producers announced further permanent closures and curtailments for British Columbia sawmills, due both to high log costs while lumber prices are low and to lack of future timber supply as a result of the mountain pine beetle infestation and the 2017 wildfires.

Prices for imported softwood lumber to China have been in a steady upward trend during 2016 and 2017 Global lumber prices moved higher in early 2017 Continued on page 6 FOCUS ON HEAVY EQUIPMENT The American lumber industry has been up in arms about Canadian softwood lumber imports for decades. The softwood lumber dispute dates back to the early

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West Fraser Timber Co. Ltd. says all mill activities will be curtailed temporarily for a week in June at five British Columbia sawmills due to weakening lumber prices and high log costs.

Softwood Lumber Imports From Canada: Current Issues Congressional Research Service 1 introduction softwood lumber imports from Canada have been of concern to Congress for many years. Lumber production is a significant industry in many states. Canada is an important trading partner, and the U.S. lumber producers are a powerful economic influence.

Hardwood lumber industry in the US seriously affected by trade war with China Lumber prices in the US plunge during May 12 sawmills expected to close in the next 10 years Lumber prices in the US on decline at the end of May France: lumber prices list for Q1/2019 Editor’s pick. The US turns to the european softwood lumber market

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US sawmills increased their softwood lumber output y-o-y U.S. softwood sawmills increased production by 3.4% in 2016 to 32.722 billion board ft. (bbf), up from a full-year total of 31.643 bbf in 2015.

Challenges to new capacity additions and better than expected demand will result in strong prices going forward. And finally, yesterday we announced. We’re seeing that softwood lumber and logs are.