Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced

Prices of Softwood Lumber and OSB Decline in June. In contrast, prices paid for gypsum and ready-mix concrete increased 1.3% and 0.4%, respectively, over the month. The softwood lumber price index fell for the first time in seven months and was the largest negative percentage change since September 2015.

The "Softwood Lumber Declaration Program" is required by the Softwood Lumber Act of 2008 (referred to interchangeably as SLA 2008 or SWL 2008), and affects importations of certain softwood lumber and softwood lumber products imported into the U.S. from any country. The SLA 2008 was to take effect 60 days after the enactment of the legislation.

Two major lumber companies in B.C. announced this week they will be temporarily trimming shifts this spring, citing low prices. The other sawmill is in Alberta. The affected mills will undergo a.

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Softwood sawlog markets in Maine weakened considerably, as customers struggled with lower lumber and. average log selling price in U.S. dollar terms was $58.83, down 11% year-over-year, as improved.

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A study released Tuesday by ForestEdge and Wood resources international forecasts that US softwood lumber demand will grow at an annual rate of 2.3% through 2030, which will be higher than the.

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US softwood lumber prices continue to fall in June 2019 Global sawlog prices on a downward trend in Q1/2019 Falling spruce roundwood prices in Finland Current trends in the russian wood product industry Canfor and Western Forest Products announce further curtailments in BC EU sawmill industry hit by bark beetle outbreaks and.

While a recovery of lumber prices in the U.S. could postpone more curtailments and mill closures, the long-term prospects are that the B.C. forest sector will inevitably continue to shrink.

Reported results in the first quarter of 2019 also included a $38.6 million lumber and log inventory write-down. which more than offset the impact of lower US-dollar pulp prices to China ..

Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced Quebec lumber workers among the first to feel the pain of duty-inspired layoffs – MONTREAL – Hundreds of Quebec forestry workers are experiencing the first sour tastes from the softwood. be announced next month. During the last softwood lumber dispute, Canada shed 20,000.

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