Lower production and declining capacity pushed utilization rates higher, while lumber prices increased during the quarter.
Kereste
Investment removes downstream bottlenecks and supports push toward 450,000 m3 annual output.
The 120-acre plant is slated to begin production in the first quarter of 2028 and is expected to create 125 jobs; it will be LP’s fourth ExpertFinish site and second purpose-built for ExpertFinish.
The decision keeps in place a Clean Air Act permit covering lumber manufacturing and power generation operations in Humboldt County, California.
Price for lumber imported to Kazakhstan downed 4%.
Index up $12 over month with futures-based species composition weighted by North American production volumes.
Investment program eliminates production bottlenecks as sawmill processes 1.35 million m3 of roundwood annually.
A strong ruble, weaker demand in China and rail-logistics bottlenecks are the main factors behind the projected decline.
Price for lumber exported from Finland to China upped 3%.
Price for lumber exported from Thailand to China gained 1.2%.
Price for lumber exported from Belarus to China slipped 4%.
Price for softwood lumber imported to China grew only 0.9%.
Price for lumber exported from New Zealand gained 1.8%.
Exports of lumber from the EU to Egypt fell marginally 0.5%.
Price for lumber exported from the EU rose 4%.
Benchmark index increases by $3 from both previous week and one month ago.
Price for lumber exported from Sweden to Morocco slipped 1.6%.
Price for lumber exported from Latvia expanded 18%.
Price for lumber exported from Finland to Algeria slid 1.4%.
Price for lumber exported from Sweden upped 4%.