Increases in overall construction activity will support demand gains for both types of alternative lumber through 2018, but wood-plastic composite demand will rise at a quicker pace than demand for plastic lumber, albeit from a smaller base.
August 2018 Strong Chinese demand for North American sawlogs in 2018H1. Douglas-fir log prices correct downwards across the Pacific Northwest. North American lumber prices continue to decline from historic highs. 2018Q2 home affordability at lowest level in 10 years.
Published: May 12, 2018 6:49 a.m. ET. Share. Analysts sees potential for a more than 50% drop in next few years . The strong growth backs a strong outlook for lumber demand.
Lumber prices are above $500 due to a convergence of high demand and tight supply. Eventually housing starts could be affected by rising material costs. Lumber prices are above $500 due to a convergence of high demand and tight supply.
The US, by restricting Canadian lumber exports via import duties, may find it difficult to find lumber supplies to meet the projected demand. SEATTLE Scrap Monster : The new report released by the Vancouver, BC-based Forest Economic Advisors FEA forecasts much higher lumber prices in 2018. The
Increased supplies and reduced demand have had a predictable effect on prices of OSB in 2018. Several producers have either restarted idled plants or built new OSB facilities that have begun ramping up production this year.
A study released Tuesday by ForestEdge and Wood Resources International forecasts that US softwood lumber demand will grow at an annual rate of 2.3% through 2030, which will be higher than the
Confidence among American homebuilders stabilized in September as demand held up and lumber prices fell, a National Association of Home Builders/Wells Fargo report showed Tuesday. While the unchanged main gauge matched the lowest since September 2017, it bucked analyst estimates for a decline and
Above all, the largest driver for pricing is demand. According to the Census Bureau, housing starts were 1.3 million starts so far in 2018 and permits, a leading indicator, were almost 1.4 million.
Forecast: More Lumber 'Chaos,' Record Prices to Come in 2018 Wood Markets' latest five-year outlook predicts demand will outpace supply
Full details of the five-year outlook for the U.S. and Canadas lumber and panels consumption, imports, exports, production and price trends are available in WOOD MARKETS 2018 The Solid Wood Products Outlook 2018 to 2022.
CNBC's Diana Olick reports the price of lumber is climbing, thanks in part to tariffs on Canadian lumber and that is prompting some U.S. companies to ramp up production.
With housing market demand, OSB sales are trending up, but supply will create a volatile OSB market in 2018. The Softwood Lumber Agreement between the U.S. and Canada will play a role in pricing going into 2018.
SEATTLE, May 1, 2018 /PRNewswire/ -- US softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid
Part two of this months report will be a look forward at what the housing and lumber markets may look like in 2018. The general consensus among leading construction analyst is that, despite headwinds, the housing market will continue its steady growth trajectory once again next year.
Lumber and economic growth are tightly connected, says USDA Forest Service scientist Jeffrey Prestemon. At a certain rate of GDP growth, you get a certain path of lumber consumption. Prestemon recently led a modeling study that projects softwood lumber demand under different economic growth scenarios, represented by real gross domestic product.
Sep 07, 2018 . While we wouldnt measure the economy in board feet, lumber demand and economic growth are closely linked. Photo by Bryan Alexander Lumber and economic growth are tightly connected, says USDA Forest Service scientist Jeffrey Prestemon.
Hardwood lumber demand and prices are on the rise for some of the industry's top species: ash, cherry, hard maple and red oak. 4 Hardwood Lumber Species With Demand, Prices on the Rise in 2018. By Contact Industries In Cabinetry, Door Frames, Uncategorized No comments.
Lumber prices responded to tariffs and short supply, with futures rising to another record on Tuesday thanks to a confluence of import tariffs, transport bottlenecks and strong housing demand. The futures rose 1 percent to close at $619 per 1,000 board feet on the Chicago Board of Trade, Bloombetg