As we reported last week, component manufacturers (CMs) across the country are witnessing “unprecedented increases, [80% since mid-April,] in softwood lumber costs in all markets amongst all grade and species combinations.”
The strike at Canada’s largest rail network may be over, but it will take days or weeks before the supply chain gets back on track, industry leaders say.
Prices paid for goods used in residential construction decreased by 1.1% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.
The latest announcement of major sawmill curtailments Monday, this time with Canfor making production cuts at all its facilities, caused a complete reversal of lumber futures prices on the Chicago Merchantile Exchange.
Canada have filed an appeal concerning the WTO panel report in the case brought by Canada in “United States — Anti-dumping measures applying differential pricing methodology to softwood lumber from Canada”.
Prices paid for goods used in residential construction did not change in May (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.
