West Fraser says lumber duties, OSB and southern yellow pine oversupply, and housing affordability constraints keep wood building products markets pressured. It expects another year of modest demand in 2026 and reiterates lumber and OSB shipment targets.
Import volume falls from the 2024 high to 3.91 million tons, while the average import price rises to $145 per ton.
Price for bleached hardwood kraft pulp exported from Chile rose 2%.
Spruce shortages and higher pine output reshape supply, while expected rate cuts could lift 2026 building demand.
Multi-unit approvals rise 8.5% from November while single-family falls 6.2%.
Price for plywood exported from Russia to the U.S. expanded 6%.
Key benchmark shows a $25, or 5%, increase compared to the price one month ago.
Price for logs exported from Brazil contracted 15%.
Price for wood chips exported from Chile changed marginally 0.3%.
The European Commission ordered the registration under its anti-subsidy investigation launched on 7 November 2025, so that any countervailing duties can be collected retroactively on registered imports if legal conditions are met.
Softwood lumber, accounting for 90.2% of total production, decreases by 3.5%.
Price for MDF panels exported from Turkey changed slightly 0.7%.
Rental vacancies improve slightly in 2024, but owner vacancy rates remain below 1% nationwide.
Regional wood shortage and high Swedish prices drive Norway’s export growth.
Price for bleached softwood kraft pulp exported from Chile contracted 7%.
Price for lumber exported from Brazil changed slightly 0.6%.
Price for plywood exported from Brazil stayed flat month-over-month.
Softwood accounts for 97% of total import volume.
Price for logs exported from Japan gained 1.6%.
Company expects 2026 recovery driven by cost savings and lower wood prices.