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Price volatility in the Southern Pine lumber market eased markedly in 2023 from the pandemic-infused chaos evident in the three previous years. While most traders welcomed that trend, many lamented that the reduced volatility failed to make the market’s near-term shifts any easier to gauge. In fact, many veteran traders noted that coming trends were […]
Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]
On Wednesday December 20, Brazil’s largest packaging paper producer, Klabin, announced that it had purchased forest assets from Arauco for $1.16 billion. The deal covers a total of 150,000 hectares, concentrated in Paraná state in southern Brazil, including 85,000 ha of pine and bleached eucalyptus kraft (BEK) plantations, along with 31.50 million tonnes of standing […]
The US housing market has had an uneven go of it in 2023, as mortgage rates rose dramatically, soaring past 7.0% in August
Wood products sales are linked heavily to residential construction, and builders, with a keen awareness of the housing market, have not shown much confidence in recent months
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