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Tag: US

Sawn timber prices in US rose again in mid-May 2021

31 May 2021 ` 19:33  
In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...

Paper Excellence acquires Domtar in blockbuster $3 billion deal to expand into US market

19 May 2021 ` 19:04  
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share. The all-cash transaction represents an enterprise...

N. American lumber prices at record levels

11 March 2021 ` 14:04  
To the astonishment of all, in the week ending Feb. 19, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr climbed +$20, or +2%, to US$1,012 mfbm, from $992 the previous week. Last...

USDA: US exports 599,324 metric tons of wood pellets in January 2021

10 March 2021 ` 12:26  
The U.S. exported 599,624.2 metric tons of wood pellets in January, up from both 564,826.2 metric tons in December and 500,904 metric tons in January 2020, according to data released by the USDA Foreign Agricultural Service on March...

US hardwood plywood imports rose in 2020

26 February 2021 ` 17:33  
Despite an 18% drop in December 2020, US imports of hardwood plywood ended 2020 up 6% in volume over the previous year. Imports from China were down 35% in 2020 while imports from Indonesia and Ecuador both increased...

US tropical sawnwood imports plunge in 2020

17 February 2021 ` 18:31  
The volume of sawn tropical hardwood imported by the US fell by 34% in 2020 from 243,884 m³ in 2019 to 161,179 m³ in 2020. Imports rose 15% in December to 14,687 m³, the highest level since August,...

Rebound in N. American lumber prices

11 February 2021 ` 18:26  
With February looming, lumber prices popped back up to recover a drop toward the end of January. 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...

Existing-home sales in US reach highest level in 14 years

8 February 2021 ` 20:38  
Sales of previously owned homes in the US rose in 2020 to the highest level since 2006, as ultra-low interest rates and remote work during the pandemic increased homebuying demand. Existing-home sales rose 0.7% in December from November...

US wooden furniture imports surpass $2 billion in November 2020

20 January 2021 ` 19:51  
Monthly US imports of wooden furniture surpassed $2 billion for the first time in November. Imports rose 4%, growing for the sixth straight month. Despite the record growth, year to November imports were down about 1% from last...

Metrie acquires Pacific MDF Products Inc. and Canadian MDF Products Company

28 December 2020 ` 11:28  
Metrie, a North American manufacturer and distributor of interior millwork, has announced its acquisition of Pacific MDF Products Inc. and Canadian MDF Products Company, collectively known as Pac Trim, located in Rocklin, Calif., and Edmonton, AB, respectively. Metrie...

U.S. housing starts increased sharply in November 2020

18 December 2020 ` 16:23  
U.S. homebuilding and permits increased solidly in November 2020, pointing to sustained housing market strength even as the broader economic recovery is slowing amid a resurgence in new COVID-19 cases and lack of additional government money. Housing starts...