At a time when end-users have usually received delivery for expected building needs until after September, demand for North American construction framing dimension softwood lumber remained strong last week.
Markets
According to Acimall, the Confindustria member association of wood-furniture technology companies, international demand decreased 34.2% and domestic demand collapse 59.2%.
The vast majority of logs sold, in British Columbia, Canada, and elsewhere, go to the sawmilling industry for lumber production. With this year’s lockdown due to COVID19 then ramp-up of manufacturing, lumber prices swooned down drastically in spring and are now surging back up with powerful momentum.
Canadian Softwood Plywood 3/8” or 9.5mm FOB Toronto prices last week were C$636 msf, a decrease of -$18, or -3%, from the previous week
Unabated purchasing of North American construction framing softwood lumber moved prices higher last week, as customers turned to the eastern market. Buyer dismay at record-high Western S-P-F prices brought significant demand for Eastern S-P-F, with those prices responding upward accordingly.
While demand for construction framing dimension North American softwood lumber continued to surpass supply last week, it was noticeable that buyer orders to sawmills were slowing down. Indeed, customer interest seemed to shift from the benchmark Western Spruce-Pine-Fir to the East Side, as prices of Eastern Spruce-Pine...
Slovenia's roundwood purchased from private owners in May 2020 was worth Euro 3.1 million, which is about 20% more than in the previous month and about 9% less than in May 2019.
At this time of year it is usual for softwood lumber prices to be lowering, as end-users would be stocked-up on inventory needs for ongoing building projects, and sawmills would be slowing down as normal seasonal closures and curtailments come into effect. However, this year - having largely stopped production during s...
The volume of Russia's plywood exports totalled 1.193 million m3 in the first five months of 2020, which is 6.9% more than a year ago.
The volume of Russia's lumber exports in the first five months of 2020 amounted to 7.34 million tons, which is 10.1% less than a year ago.
The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity products saw reduced trade during March and April, a result of reduced demand, closures of manufacturing facilities to protect workers, constraint in the handling capacity of go...
Gross margins declined in Q1 2020 due to lumber price volatility at the beginning of 2020.
The biggest declines were seen in the US South, Russia, and Latin America, where hardwood pulplog prices were down 5-10% from the 4Q19.
There are much fewer producers of wood panels than there are regular sawmills of North American construction framing dimension softwood lumber. As well, input costs for wood panel products are much higher. A spike in demand, whether for immediate repair needs or longer-term rebuilding, for plywood and oriented strand b...
Slovenia's roundwood purchased from private owners in April 2020 was worth Euro 2.5 million, which was about 51% less than in the previous month and almost 46% less than in April 2019.
U.S. total packaging papers & specialty packaging shipments in May 2020 increased 2% compared to May 2019. They were up 3% when compared to the same five months of 2019.
After a wild ride down then up over the past few months, most standard construction framing dimension softwood lumber prices in stabilized last week, to levels both producers and customers are comfortable with. Inventories remain spotty as sawmill production is still constrained and buyers continue to look for highly s...
Sales of Western-Spruce-Pine-Fir construction framing dimension softwood lumber in the United States took a step back last week as civil unrest around the country led to most buyers taking a circumspect approach, by sitting on whatever inventory they had. Construction in the Western portion of the US continued to ramp ...
Finland's consumption of forest industry by-products and wood residues increased by 1% from the previous year to nearly 12 million cubic metres in 2019. The consumption of bark totalled 7.9 million cubic metres, while different types of sawdust were consumed a total of 2.5 million, industrial chips 1.2 million and othe...
The orders from international customers down by 19.4%, while domestic demand fell 25.3%.