Lumber prices slide downward as more sawmill closures are announced – Wood Business

CNS prices declined 8.8% or $2.01/ton to average $20.74/ton. Pine Pulpwood prices decreased by $1.45/ton or 17.0% to average $7.06/ton. Hardwood mills had more than enough logs to meet demand during the quarter, but demand for oak logs for flooring markets kept high-grade hardwood sawtimber stumpage prices steady.

Kevin Pankratz will be taking over the leadership of our wood products sales and marketing group starting in January and Kevin has been with Canfor. slide 5 of our presentation the lumber segment.

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Compared to the fourth quarter, the change reflects the combination of lower price realizations in market pulp and wood. sawmill is also advancing well. We expect it to begin to ramp up in the next.

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6 days ago · The Hammond sawmill, which was built in 1963, has a two-shift capacity of approximately 150 million board feet per year, but has been operating on a one-shift basis for some years due to log.

Softwood lumber prices. closure of more than 100 mills and layoffs in excess of 10,000 employees in recent years. Majeau said Kruger delayed its decision in part because it had invested $150.

Resolute Forest Products is a "deep value. term secular decline (price pressures and decreases in demand), with ongoing mill closures and capacity reductions the order of the day. The company’s.

Alistair Cook – Senior Vice President, Wood Products Operations Wayne Guthrie – Senior Vice President of Sales and Marketing Analysts Daryl Swetlishoff – Raymond James & Associates.

It’s just 2 billion board feet of capacity additions have been announced thus far in the recovery. Given this in balance, we expect strong lumber pricing and wood. prices. We do see pricing coming.

Analysts expect the industry will see a lot more bad news before there’s much good news

After adjusting for duties, operating income was $244.4 million for the third quarter of 2018, down $89.4 million from similarly adjusted operating income in the second quarter of 2018. Adjusted.

NBSK pulp prices. Slide five shows the history of U.S. housing starts in western SPF benchmark lumber prices in Canadian. $44 million of this was for the lumber business and $35 million was for Canfor Pulp, of which $24 million related. capital program that we announced I guess a year ago a little bit over that, is just to focus hard on.