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.
Company expects lumber prices to stabilize and has adjusted its market outlook for 2024 in response to softer demand forecasts.
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.
PotlatchDeltic Corporation's generated total adjusted EBITDDA was $29.7 million and total adjusted EBITDDA margin was 13% in the Q1 2024.
The boxboard operating rate was 89.2%, up 1.3 points from the same quarter last year.
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.
Ahlstrom's former Filtration and Healthcare divisions merge to form Filtration and Life Sciences division, Food and Consumer Packaging remains the same, and the former Building Materials and Technical Materials divisions form the new Protective Materials division.
Kemira strengthens product portfolio in Brazil’s growing pulp market with exclusive distribution agreement with BIM Kemi.
Softwood and hardwood record growth; fuelwood sees marginal decline.
Canadian lumber leads with significant growth.
Softwood supply from New Zealand decreases amid lower prices.
Prices for pruned stems increase, logging residues drop
Price for wood pellets exported from Vietnam to Japan downed 3%.
The log prices decreased.
Shuttle service between NOSTA warehouse in Siebenlehn, Germany, and Felix Schoeller plant in Weißenborn is now electric.