Softwood prices continue to rise, longer-term view positive despite duties

February 19, 2018
Category: Today's Takeaway

Softwood lumber prices continue to rise as strong demand and tight supply are expected to keep prices high throughout 2018. Ken Shields (Conifex) believes growth in demand will outstrip supply through 2020, Ted Seraphim says West Fraser’s “longer-term outlook is really positive”, and Don Demens has renewed Western’s capital investment plans.

In Business news: Norpac continues to “draw the ire of US publishers” over tariffs; the Canadian government [via FPInnovations] is helping small business in Northern Ontario; SmartLam is the second CLT company to expand to Maine; and Brexit’s impact on the timber sector is being debated in the UK.

In other news: a Q&A with Michael Green; yet another “world’s largest timber tower“; how tree rings reveal our past and future; and a biofuel breakthrough in the UK.

Finally, if you’re in Victoria BC, check out the ABCFP’s free public lecture on the “Future of Wildfire in BC” and what we can learn from the California experience. 

— Kelly McCloskey, Tree Frog Editor

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