Sawlogs fall 5% in March, while pulpwood down 1%.
Price for wood furniture imported to Japan slipped 4%.
The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
Cost savings programme offsets lower prices as group begins market-driven shutdown at Joutseno pulp mill.
Construction is expected to be completed by January 2027.
High industry inventories and cold weather limit production, while the company enters Phase 2 of its internal efficiency work.
Proposed transaction still requires approval from US and Chinese authorities alongside European Commission.
Price for plywood imported to Japan gained 1.9%.
Price for wood pellets exported from Vietnam to Japan upped 1.1%.
Price for wood chips exported from Vietnam to Japan decreased slightly 0.6%.
Price for lumber imported to Japan increased slightly 0.4%.
Price for wood pellets imported to Japan slipped 1.5%.
Price for softwood lumber imported to Japan dipped 1.8%.
More than half of tracked metros post annual price declines, with Denver the weakest.
The deal will add a Waseca, Minnesota pallet plant and 75 employees.
Company fined $6.38 million and ordered to implement compliance plan after purchasing more than $30 million in illegally trafficked wood.