Canada's lumber production fell by 16.61tpd in December, and supply chains are facing challenges. Sawmill shipments have also fallen sharply, which may lead to price volatility and demand substitution, especially Chinese buyers turning to Russian lumber.
The fire at the West Fraser sawmill will have an impact on the timber supply chain, especially on production capacity and transportation, which may lead to short-term volatility in timber prices. Chinese importers need to pay attention to market dynamics and consider alternative procurement strategies.
West Fraser fire rescue at Riegelwood sawmill in North Carolina Read More »
The US Department of Commerce issued the sixth preliminary anti-dumping ruling on Canadian softwood products. Although it does not affect the current tax rate, it may cause fluctuations in the supply chain. Chinese importers may turn to Russian timber and need to pay attention to CME futures prices and logistics costs. It is recommended to adjust inventory strategies and be wary of future trade barriers.
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