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
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Lumber
Lumber In Slumber: More Sawmills To Close As Prices Poised To Hit 5-Year Low
Chicago lumber futures hit a two-year low of below $350 per thousand board feet, erasing the solid gains traders made
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Canfor To Reduce Lumber Production At BC, Alberta Facilities
Instability in the lumber market is leading to production shutdowns in Canada. Canfor Corporation (TSX: CFP) last night announced that
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CME Group To Change Lumber Futures: Smaller Contract, More Species
CME Group is set to launch a new lumber futures contract on August 8. The new derivative is said to
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Lumber Prices Retreat to Nine-Month Low as Sawmills Catch Up to Demand
Lumber prices have fallen to the lowest in over nine months, as demand from homebuilders stabilizes and sawmills boost production
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US Lumber Prices Post Largest Weekly Decline as Buyers Retreat
It appears that the price of lumber may have already surpassed its peak, after last week’s record losses extended into
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Canadian Factory Prices Jump By Most Since 1980
Industrial prices across Canada are accelerating at the fastest pace in over 40 years amid surging demand for lumber products.
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Building Construction Costs Are Surging Across Canada Amid Lumber Shortages, High Demand
Costs for both residential and non-residential building construction across Canada rose by the most last quarter, amid low lumber supply
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Lumber Prices Soar 250% as Pandemic Pushes Home-Building Higher
Lumber prices have surged by almost 250% since April 2020, significantly threatening housing affordability across the US. According to the
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Lumber Prices Soar To New Records Amid Housing Construction, Renovations
The ongoing demand for housing has caused home prices to soar across Canada and the US, as buyers take advantage
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