Compared to the price one-year-ago, of US$408 mfbm, last week benchmark softwood lumber item Western S-P-F KD 2×4 #2&Btr was selling for US$940 mfbm which is +532, or +130% more. German woodworking machinery industry expects growth in sales in 2021, China: Container shortage impacting prices of timber imports, Forecast: US softwood lumber market evolution in 2021-2022, Moody’s: Positive outlook for the forest products sector in 2021, The world's largest wood flooring factory to be build in Croatia, Russia's log export ban could determine China to buy more lumber instead of roundwood, Nordic forestry giants, Stora Enso, UPM and SCA feel the impact of Covid-19 on 2020 results, North American softwood lumber prices correct downward significantly. Early in the week buyers scrambled to find material before a snowstorm hit much of the Eastern part of the continent.” — Madison’s Lumber Reporter. - US building construction remained strong this quarter, up 7% from the same period in 2019. Required fields are marked *, There's less than three weeks until our #WomenInForestry Virtual Summit! http://ow.ly/fAzT50DoiEI #ChooseToChallenge #ItTakesAForest, Softwood lumber prices continue rising: https://www.woodbusiness.ca/softwood-lumber-prices-continue-rising/ @LumberNews #lumber #lumberprices #softwoodlumber, Canadian housing starts trended higher in January: https://www.woodbusiness.ca/canadian-housing-starts-trended-higher-in-january/ #housing #lumberdemand, Louisiana-Pacific to restart Peace Valley OSB mill: https://www.woodbusiness.ca/louisiana-pacific-to-restart-peace-valley-osb-mill/ #forestry #OSB, FSC Canada endorses BC First Nations Forest Strategy: https://www.woodbusiness.ca/fsc-canada-endorses-bc-first-nations-forest-strategy/ @FSC_Canada @bcfnfc #FirstNationsforestry #BCforestry, Softwood lumber prices pop higher as seasonal winter slowdown looms, Softwood lumber prices stabilize as demand remains strong, As supply meets demand softwood lumber prices correct further, Lumber prices rebound as confusion continues among players. The UK was the second largest net importer (imports less exports) of forest products in 2018, behind China. With the spread of COVID-19, many economists thought the pulp market was headed for a deep and severe recession. 6m 1y 5y 10y 15y 20y. However, this time, lumber manufacturers barely had a chance to catch their breath as the momentum of demand through the end of 2020 carried forward into the first week of January 2021, popping prices up at that time. Track prices for softwood lumber, pulp and panel products. Forecast: US softwood lumber market evolution in 2021-2022 Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Global / North America The international wood industry in one information service, Western SPF (spruce, pine, fir) lumber prices rose to a four-digit close for the first time on Tuesday, reaching [...], After 2023 there is limited future growth forecast in the industrial wood pellet market. Your email address will not be published. Demand for U.S. Western S-P-F was less extravagant than in prior weeks but maintained a low-key strength, according to players. Last week’s price is -$4 less than it was one month ago when it was $944. The Kemi bioproduct mill is designed to produce some 1.5 million tonnes of softwood and hardwood pulp per year, as well as other bioproducts. With February looming, lumber prices popped back up to recover a drop toward the end of January. Snapshot of forestry: Winners of COFI & CFI’s 5th annual forestry photo contest. Range. The pandemicâs effect on pulp. Expect prices to be moderate for a domestic softwood. This provides a good indication that prices are not going to go down anytime soon. Field inventories remained low and producers couldn’t keep production apace with demand. - US log and lumber exports were weaker than in 2019. The below table is a comparison of recent highs, in Sept. 2020, and current Jan. 2021 benchmark dimension Softwood Lumber 2×4 prices, compared to historical highs of June 2018 and compared to recent lows of Sept. 2015: Your email address will not be published. At a time of year when home builders and retailers — the end users for lumber products — are usually making their orders for expected construction and sales in the spring, softwood lumber prices surged somewhat last week as suppliers still did not have enough product on hand to meet demand. Due to low inventories, sawmills, stocking wholesalers, and reloaders all had to book their sales for several weeks out. ReStalk's initial project with the SFT license will be building a 100 Ton Per Day pulp mill. GVA in forestry was £0.67 billion. Register now for FREE to hear how the industry is pushing #ForestryForward when it comes to equity and inclusion. "We're eager to provide the infrastructure needed to stabilize this re-emerging crop. - Softwood pulp prices increased, up +4% Q/Q, while hardwood pulp prices were unchanged. We work with Foresters, Landowners, and Loggers, and offer competitive market prices for your logs or standing timber. "Domestically, the demand for hemp pulp has never been higher, it provides a quality non-wood fiber that competes with softwood fiber," added Lewis. Prices advanced on most items as sawmills extended their order files into late-February or early-March. Europe and the UK will have [...], The turnover of the German wood industry was around € 36.5 billion last year and thus 0.8 percent above [...], The last six months' sales to Germany and Austria amount to an order value of just over EUR [...], As US homebuilding continues at a steady pace, US lumber producers have risen to meet the immense demand from the [...], Despite the second lockdown and the associated restrictions, the German Woodworking Machinery Association still sees good chances for a rebound [...]. In the first week of February, sawmills were taking orders that would not even go on the production line until the beginning of March. Description: Woodpulp (Sweden), softwood, sulphate, bleached, air-dry weight, c.i.f. Average quarterly softwood and hardwood pulp prices were up in almost all of our major markets compared to Q3. Wood Pulp Monthly Price - Euro per Metric Ton. In the week ending January 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped +$46, or +5%, to US$940 mfbm, from $894 the previous week, said Madisonâs Lumber Reporter. Are European lumber producers taking advantage of the booming US market? Coverage: United Kingdom Complete 2020 CFI Contractor Survey now available, 2020 Contractor Survey: Regional View – Atlantic Canada, 2020 Contractor Survey: Regional View – Quebec, BC Saw Filer’s Association Convention postponed to September 2021, How to increase insurance value while reducing insurance costs. Unit: Euro per Metric Ton. Home > Commodity Prices > Wood Pulp. Current lumber, pulp and panel prices. Sawmill order files were almost universally into the first week of March. In the week ending Jan. 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped +$46, or +5%, to US$940 mfbm, from $894 the previous week. Paper Excellence estimates the economic benefits for the province would top $300 million per year. As a result, our average pulp sales realizations were up almost $30 million -- ⦠Secondly, the tree is comprised of two entirely different layers: at its core is a soft, spongy cellulose mass; this soft core is surrounded by a protective body, comprised of ⦠However, that didnât quite happen, says Fortin: âThe tissue market was red hot. Coming soon: The Women in Forestry Virtual Summit! After a slight correction in mid-January, softwood lumber prices are headed back upward again, which is normal for this time of year. Restarting the Prince Albert mill would add an annual capacity of 340,000 tonnes of Northern Bleached Softwood Kraft (NBSK) to the companyâs portfolio, as well as over 200 jobs. Madison’s benchmark top-six softwood lumber and panel prices: monthly averages. Gross Value added (GVA) in primary wood processing (sawmilling, panels and pulp & paper) was £1.88 billion in the UK in 2018. Remodeling and improvement expenditures YTD-November were up 18% compared to the same period last year. Madisonâs benchmark top-six softwood lumber and panel prices: monthly averages. “The transportation bottleneck for Eastern S-P-F last week continued to hamper overall availability of lumber and studs. It will also generate 2.0 TWh of renewable electricity per year, equivalent to the annual electrical heating requirements of over 100,000 single-family homes. In the week ending January 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped +$46, or +5%, to US$940 mfbm, from $894 the previous week, said Madison’s Lumber Reporter. Technically it doesnât meet the Red List criteria of a vulnerable or endangered species, ⦠First, itâs tree is not categorized a hardwood or softwood tree, but as a flowering plant: Monocotyledon (or âMonocotâ). © Copyright 2021 Global Wood Markets Info, Lumber prices in US hit record despite slowdown in sales, Germany: Sales in the wood industry benefit from high demand of construction sector, Valutec sees rising demand from sawmills in Central Europe. Itâs by far the largest end-use market for pulp â more than 40 per cent of total demand for market pulp. Daily updates on the state of the global wood markets, delivered straight to your inbox. » more However, since they never really dropped in Q4 2020, these new “floor” levels are truly unprecedented. North Sea ports. “A strong undercurrent of inquiry and sales persisted even as demand paused for customers to digest previous orders.” — Madison’s Lumber Reporter. Prices of Western S-P-F commodities continued their upward trend last week as Canadian producers boosted their asking prices. Northeast Timber Exchange, LLC buys and sells Hardwood, Softwood, and High Quality Veneer logs. Normally at this time of year, production has been good while demand is just starting-up after the usually slow holiday season. Jan 2011 - Mar 2020: 132.997 (20.21 %) Chart. Increase in US imports from Europe tails off slightly 18.02.2021 â At a total of 1.075m m³, the volume of softwood lumber imported by the USA from the EU (including Great Britain) over the course of the fourth quarter of 2020 was 49% higher. Report a problem or mistake on this page. Sustainability: This wood species is not listed in the CITES Appendices, but is reported by the IUCN as being near threatened.
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