Tighter Lumber In 2023: Canfor Announces 750 Million Board Feet Reduction
Chicago lumber futures rose above the $450 per thousand feet mark, approaching its highest level since October 2022, boosted by
Read moreChicago lumber futures rose above the $450 per thousand feet mark, approaching its highest level since October 2022, boosted by
Read moreChicago lumber futures hit a two-year low of below $350 per thousand board feet, erasing the solid gains traders made
Read moreInstability in the lumber market is leading to production shutdowns in Canada. Canfor Corporation (TSX: CFP) last night announced that
Read moreCME Group is set to launch a new lumber futures contract on August 8. The new derivative is said to
Read moreLumber prices have fallen to the lowest in over nine months, as demand from homebuilders stabilizes and sawmills boost production
Read moreIt appears that the price of lumber may have already surpassed its peak, after last week’s record losses extended into
Read moreIndustrial prices across Canada are accelerating at the fastest pace in over 40 years amid surging demand for lumber products.
Read moreCosts for both residential and non-residential building construction across Canada rose by the most last quarter, amid low lumber supply
Read moreLumber prices have surged by almost 250% since April 2020, significantly threatening housing affordability across the US. According to the
Read moreThe ongoing demand for housing has caused home prices to soar across Canada and the US, as buyers take advantage
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