Price for softwood lumber imported to Japan dipped 1.8%.
Bois d’œuvre
Significant overcapacity in the forest industry led to production curtailments that reduced demand for pulpwood, and pulpwood prices fell during the quarter. Log demand decreased, and log prices began to decline slightly from very high levels.
Benchmark rises 1% month-over-month from US$518 as weighted species composite remains flat weekly.
Price for lumber imported to Egypt slipped 1.6%.
Compared with March 2025, production was down 0.9%.
Compared with the previous month, production was up 25%.
Nairn Centre will run briefly to process log inventory, with the sawmill expected to operate into early to mid-June and the planer into late June.
Combined company exceeds $18 billion in revenue as insulation leader joins roofing and lumber portfolio.
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Price for lumber exported from Thailand to China decreased slightly 0.6%.
Index rises 2% over the past month from $513, with no change from the previous week.
Price for lumber exported from Belarus to China slid 3%.
Price for softwood lumber imported to China rose 1.5%.
Price for lumber exported from New Zealand lost 15%.
Price for lumber exported from Russia to Kazakhstan fell marginally 0.5%.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
Price for lumber exported from Latvia upped 5%.
Price for lumber exported from the EU to United Arab Emirates slipped 1.3%.