The weak market conditions that prompted Canfor's announcement this week of production curtailments at its B.C. and Alberta sawmills will last until about midway through next year, two forest industry watchers are predicting. By then, price of western spruce, pine or fir two-by-fours should have bounced back to the break-even point. Some analysts estimate that level to be between US$500-$550 per thousand board feet, well above the current level of US$365. Starting December 19, curtailments lasting from one to four ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!