Binational ruling impacts British Columbia's forestry sector
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Surges from fourth to first in rankings, birch plywood makes up 77% of Q1 2024 shipments.
The Madison’s Lumber Prices Index for the week ending May 03, 2024 was US$417 mfbm.
Exports of lumber from Chile grew 16%.
Exports of lumber from Canada grew 6%.
Imports of softwood lumber to the U.S. increased 5%.
Price for plywood imported to the U.S. gained 1.3%.
Exports of logs from the U.S. upped 3%.
Prices adjusted in response to raw material shortages.
Project deliveries excel despite economic uncertainties and market pressures.
Imports of plywood to Japan rose 4%.
Exports of densified biomass fuel were 0.74 million tons and averaged $196.77 per ton in February 2024.
Loss narrows from previous quarter; European operations show resilience.
The production increased from March, but there was a decrease in new orders and export orders, though they remained in expansion territory.
Vietnam maintained its position as Japan's principal supplier.
In the week ending April 19, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -10%, from the previous week when it was $452.
Growth driven by Vietnamese supplies.
February indices show growth across major metro areas.
Ingka Group, IKEA's largest retailer, announces a new wave of price reductions across its global markets, impacting thousands of products.
The Madison’s Lumber Prices Index for the week ending April 26, 2024 was US$433 mfbm. This is down by -2.5%, or -$11, from the previous week when it was US$444.