Time to pay the piper: lumber shortages likely this year
Article Abstract:
Government restraints and rebounding markets will lead to high prices and lumber shortages in 1996, according to Canadian lumber analyst Doug Smyth. Smyth published a 300 page study on North American timber supplies. He says Western US sawmills have already harvested most of their federal contract timber and the volume of timber in private hands will not make up the difference. A new US-Canada timber deal will cut the sales of Canadian timber to the US and overseas pressure on the market will continue. Bottom line: shortages in the softwood market will increase and so will prices.
Publication Name: Wood Technology
Subject: Forest products industry
ISSN: 1067-1064
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Wood industry outlook 'reasonable' for 1997
Article Abstract:
The lumber industry should be fairly healthy in 1997 because of generally strong economic indicators. However, an estimated 4%-6% drop in housing starts means that purchase of sawn lumber products will decline. Prices should also remain high after hitting record levels in 1996. The Canada/US Softwood Agreement and import quotas on Canadian lumber are unknown economic factors, as is the potential rise in interest rates.
Publication Name: Wood Technology
Subject: Forest products industry
ISSN: 1067-1064
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Expect a good 1997, WWPA chief predicts
Article Abstract:
Pres Robert Hunt of the Western Wood Products Association believes that 1997 will produce near-record sales of lumber because of stable demand for the milled products and a lower amount that can be produced because of restrictions on federal timber. Imports are not expected to affect prices or production, and such predictions are based on previous production before the restrictions were placed.
Publication Name: Wood Technology
Subject: Forest products industry
ISSN: 1067-1064
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: French timber 'crossroads' takes a different path. Forests are lacking, but wood industry flourishes. French company operates full wood processing plant
- Abstracts: Deal may cause lumber shortfall. Fingerjoint plant gives green process a restart. Glulam plant employs continuous beam press
- Abstracts: Clear Douglas fir lumber remains firm's mainstay. Lots of lumber, lower demand forecast at WWPA spring meet. 'Doing it right' a must when sawing for Japan
- Abstracts: Clear Douglas fir lumber remains firm's mainstay. Manual lumber measurement too slow for today's sawmills. Color-coded tag system helps insure safe lockout
- Abstracts: Chip mill enclosures suppress noise output. Alternative raw materials explored at symposium. Rough mill situated in hardwood country