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B.C. lumber prices tumble from unprecedented heights

B.C. lumber prices tumble from unprecedented heights
From a dizzying peak of $1,611 US per thousand board feet, commodity lumber prices tumble to a still-high $760 US
Author of the article: Derrick Penner
Publishing date: Jul 15, 2021 • 4 hours ago • 4 minute read •
A dramatic drop in commodity lumber prices hasn t yet worked its way down to contractors like Chad Sayers, but they are still getting some relief in that suppliers are now willing to quote firm prices and he doesn t have to worry about them jumping higher. Photo by Francis Georgian /PNG
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The squeeze of soaring lumber prices looks like it will be easing for contractors such as Langley’s Chad Sayers, although the fall in commodity prices from stratospheric heights hasn’t flowed through to them just yet. ....

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Despite lumber price plunge, high prices here to stay: experts

Despite lumber price plunge, high prices here to stay: experts
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

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Someone's stealing trees in B.C. as lumber prices soar | The Current with Matt Galloway | Live Radio

Lumber prices have skyrocketed to the point that, in B.C., someone is stealing trees. We discuss the thefts, and what's driving prices up, with Keta Kosman, the publisher for Madison's Lumber Reporter, an industry price guide for lumber, and Janette Bulkan, associate professor of forestry at the University of British Columbia. ....

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Wood has never been so valuable - so why aren't  New Brunswick trees worth more?

Wood has never been so valuable, so why aren t Â New Brunswick trees worth more?
New Brunswick is receiving no extra royalties from forestry companies for trees they are cutting on crown land thisÂ year, even though prices for lumber made from those trees are at record highs and other provinces are moving to claim some of that growing windfall for their taxpayers.
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Lumber prices have tripled in the last year but NB timber royalties paid by forestry companies haven t budged
Posted: Apr 20, 2021 5:00 AM AT | Last Updated: April 20
A 10 foot long, heat treatedÂ and kiln driedÂ two-by-four was selling for $12.35 in Saint John over the weekend, as lumber prices of all kinds hit record levels in North America. (Robert Jones / CBC News) ....

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Lumber prices not expected to come down any time soon: analyst - Business News

Lumber prices not expected to come down any time soon: analyst - Business News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.

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