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Prices for hardwood chips traded internationally increased 1.3%
Prices for hardwood chips traded overseas increased 1.3% in January,2015, but were still 5.8% lower than in early 2014, according to theFOEX PIX-HCG Index Prices for hardwood chip shipped over the Pacific Rim and the Atlantic to markets in Asia and Europe have trended downward for more than three years. However, inDecember 2014 and January […]
Canfor reducing Canadian lumber production
“It looks like one wave of temporary curtailments after another,” said Jeff Bromley, United Steelworkers Union wood council chairperson. “I just got wind that Tolko (Industries) is taking some down time as well, throughout its B.C. plants.” The latest production cuts, however, come at the end of a year in which inflation and higher interest […]
West Fraser and Canfor closed mills in BC- Pine Beatle effects supplies
Forestry giants Canfor and West Fraser announced Thursday they will close two Interior sawmills next year because the pine beetle epidemic has gutted their timber supply. The closures, which also involve a swap of timber harvesting rights between the two companies, will result in 434 job losses in the communities of Quesnel and Houston. “Closing […]