As October drew to a close, significant production curtailments at several large British Columbia lumber producers helped keep softwood lumber prices flat.
It is normal for this time of year for North American construction framing dimension softwood lumber prices to be falling, as the bulk of main home building activity is finished for the season.
The acquisition brings Aetna Building Solutions’ extensive inventories of wholesale building materials and product expertise to Lexington’s fast-growing commercial and residential construction markets
Total U.S. imports of hardwood plywood grew by 37% in volume and nearly 77% in value from January through June, as compared to the same period last year.
Despite reporting three quarters of a billion dollars in second quarter earnings, West Fraser Timber Co. Ltd. is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 million square feet of plywood production at its Quesnel Plywood mill. The curtailments will be realized through the elimination of one shift at each facility.
Depending on the party discussing lumber tariffs, the recent commerce department's decision on lumber tariffs elicilits different trains of thought. One party says it boosts profits, another party calls it unfair and unwarranted.
The North American construction framing dimension softwood lumber market has found even footing at this mid-summer 2022, according to Madison's Lumber Reporter.
Prices on almost all lumber and panel items remained flat, with some benchmark commodities rising slightly.
Construction started July 11 on a $110 million lumber production facility that will support the creation of nearly 500 new jobs in northwest Louisiana.