North American softwood lumber prices up due to unseasonably strong demand

US housing starts were mostly flat in 2019. At this time last year softwood lumber sales improved markedly and prices started to rise from quite low levels. As the beginning of 2020 came on, the data on US home building was much improved over the previous year, sending demand for...

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Canada’s Industrial Product Price Index down due to lumber

Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), fell 0.4% in October, driven mainly by lower prices for lumber and other wood products. Prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), increased 0.5%, mostly...

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Latest News

  • Commerce lowers Canadian softwood lumber duties; reactions mixed

    WASHINGTON, WOODWORKINGNETWORK.COM- The U.S. Department of Commerce has set a new average duty rate of 8.9 percent on Canadian softwood lumber imports. The new rate is down from the original 20.2 percent average applied back in 2018. The U.S. Lumber Coalition, an alliance of large and small American softwood lumber producers,...

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  • Time to check trees for hemlock woolly adelgid

    MICHIGAN DNR – The recent discovery of hemlock woolly adelgid as far north as Ludington State Park in Mason County is a reminder of the importance of checking hemlock trees for signs of the invasive insect. The Michigan departments of Natural Resources and Agriculture and Rural Development encourage those who...

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  • Ontario supports local manufacturers producing masks

    TORONTO – The Ontario government is investing $550,000 to help local manufacturers retool their operations and increase capacity in the manufacturing of masks for both adults and children. These initiatives will help keep the province safe by making Ontario self-sufficient in the production of critical PPE. Funding is being provided...

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SUMMER #1 2020 – VOL. 24 #5

SUMMER #1 2020 – VOL. 24 #5

October 30, 2020
By: Brett Vezina

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