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Updated every other Thursday morning at 10:00 am (Pacific Time). Last update: April 27, 2017.
This contains a brief excerpt from the market report on North American export trading. The full market report in International provides analyses of U.S. and Canadian lumber and plywood products shipped into key markets, including Asia, Europe, and Oceania. The price guide contains prices of key wood products exported from the U.S. and Canada. Contact Random Lengths for a free sample issue of International.
Many overseas buyers were cautious leading up to the announcement that the U.S. imposed preliminary duties on Canadian exports to the states. Many expected overseas offerings out of Canada to increase as a result and potentially apply downward price pressure on shipments. A wait-and-see approach persisted in many markets following the U.S. Department of Commerce decision. Buyers in Caribbean countries, however, purchased shipments readily, as reconstruction efforts got underway and furniture manufacturers bolstered inventories. Exporters shipped large volumes to Jamaica in particular.
In The Latest Edition of RL International
- On April 24, the U.S. Department of Commerce announced the imposition of preliminary countervailing duties on Canadian softwood lumber exports to the U.S. The news captured widespread attention among offshore traders, who often expressed uncertainty about the duties’ eventual impact on markets. However, the announcement had little to no immediate effect on trading throughout the Pacific Rim.
- Japanese imports through 2016; Swedish softwood lumber exports and Japanese imports of softwood plywood, medium density fiberboard, and softwood lumber from Europe through 2016; North American structural panel exports and production through the first quarter; Japanese housing starts through January.