The cumulative harvest for January and February decreased 3% from the previous year but aligning with the five-year average.
分析家评论
U.S. Environmental Protection Agency (EPA) released the draft risk evaluation under the Toxic Substances Control Act (TSCA) for formaldehyde for public comment and peer review.
Input prices fell for the ninth month in a row compared to last year.
The ban on Russian and Belarusian wood imports has led to a biomass shortage in the Baltic timber market, causing prices for logs to rise.
This year's event will feature a distinguished roster of 24 speakers from the industry, providing attendees with unparalleled insights from some of the sector's most influential figures.
Hampton Lumber opposes Oregon's Habitat Conservation Plan to reduce timber harvests by 34%.
After the test phase of the EU Deforestation Regulation revealed glaring deficiencies and showed that implementation according to current specifications is not possible, the Associations are calling for a change of course.
Boise Cascade's outlook remains cautiously optimistic, closely tied to the residential construction sector's health, particularly new single-family construction.
This downturn is primarily attributed to cooling demand in the housing sector, driven by elevated mortgage rates that have dampened homebuying activity.
Engineered wood products segment shows strength while lumber segment barely breaks even.
The company anticipates global container volume growth of only 2.5%-4.5% in 2024, overshadowed by an 11% increase in shipping capacity.
The total value of building permits for 2023 decreased by 14%.
The tough economic climate has led many companies in the construction industry to bankruptcy, negatively impacting sales development in the construction materials trade.
In northern Sweden, sawmill production has experienced a 10% year-on-year decrease, with a total decline of 18% since 2022.
By the end of the year, prices for logs began to recover.
Significant declines occurred in the transportation equipment and chemicals subsectors.
For the full year 2023, the U.S. economy grew 2.5%, an improvement from the 1.9% increase in 2022.
The rent increases have significantly outstripped income growth; median rents in 2022 were 21% higher than in 2001, while renter incomes rose a mere 2% in the same period.
While lumber prices have been gradually declining, a stabilization in the range of $300-to-$400 per thousand board feet is expected in the near term.
A slowdown in China's real estate and construction sectors, coupled with cold weather, could lead to higher log inventories after the Chinese Lunar New Year.