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Rubber and Wood

Rubber and Wood
Elevated Lumber Tariffs Propelled U.S. Home Prices

Elevated Lumber Tariffs Propelled U.S. Home Prices

January 17th 2022
The tripling of lumber prices over the past four months have increased the price of average new single-family home by more than $18,600 since late summer.
WRI Predicts Reduced Timber Surplus Over the Next Decade

WRI Predicts Reduced Timber Surplus Over the Next Decade

The U.S. South region plays a crucial role, determining the future of global supply of several forest products.
Binderholz Group Completed Acquisition of BSW Timber Assets

Binderholz Group Completed Acquisition of BSW Timber Assets

The addition of BSW Timber will elevate Binderholz’s cumulative annual turnover to €2.6 billion and make its total employee strength to around 5,000.
NAHB: U.S. Sawmill Output Unable to Keep Pace with Rising Demand

NAHB: U.S. Sawmill Output Unable to Keep Pace with Rising Demand

During the 12-month period ending September 2021, the sawmill output recorded marginal surge, amidst volatility.
Forest2Market Launched Lumber Markets Outlook for 2022

Forest2Market Launched Lumber Markets Outlook for 2022

Several factors are likely to have potential impacts on North American softwood lumber market this year.
U.S. Housing Market Badly Impacted by Rising Lumber Tariffs: NAHB

U.S. Housing Market Badly Impacted by Rising Lumber Tariffs: NAHB

The framing lumber composite price surged higher by 10% in early-December 2021, NAHB noted.
Boise Cascade Announced Expansion of Minnesota and Northern Kentucky Operations

Boise Cascade Announced Expansion of Minnesota and Northern Kentucky Operations

The expansion will expand the company’s engineered wood products (EWP) line.
Canfor Sawmill to Resume Full Operations After Production Cuts

Canfor Sawmill to Resume Full Operations After Production Cuts

Not only the Houston facility was impacted, but also the other company facilities in the B.C. and Alberta regions.
FPAC Spotlights Bright Prospects of Forest Sector in Canada

FPAC Spotlights Bright Prospects of Forest Sector in Canada

The rising fire incidents and pest attacks have significantly impacted forest carbon emissions.
Russian Government Declared Expansion of Lumber Export Restrictions

Russian Government Declared Expansion of Lumber Export Restrictions

The rates will be applicable for export of individual kinds of lumber with moisture over 22% and thickness and width over 10 cm.
Wyoming County Sawmill Announced Modernization and Expansion

Wyoming County Sawmill Announced Modernization and Expansion

The company has already received approval for a loan amounting to $3 million from the Pennsylvania Industrial Development Authority (PIDA).
Canfor Pulp Extended Production Outage at Northwood NBSK Pulp Mill

Canfor Pulp Extended Production Outage at Northwood NBSK Pulp Mill

As per latest reports, the transportation network has started returning to normal operating levels.
Booming Lumber Prices Drive Sawlog to Fresh Peak Levels

Booming Lumber Prices Drive Sawlog to Fresh Peak Levels

The lowest wood costs in Europe during the third quarter were recorded in Norway and Sweden.
Junnikkala Announced Construction of Modern Sawmill in Finland

Junnikkala Announced Construction of Modern Sawmill in Finland

The investment, which utilises state-of-the-art sawmill technology, will set the foundation for future investments for the company, said the press release.

Metal Futures

CMEVIEW ALL
Platinum967.20-0.8
Palladium1881.00-1
SHFEVIEW ALL
Wire Rod4741.00-94
Rebar4635.00-15

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