Canada's Tolko announced the temporary suspension of production at two lumber mills in British Columbia due to a shortage of fiber raw materials, which will affect China's high-end engineered wood product arrivals in June by 80,000 to 100,000 cubic meters.
Canadian lumber prices rebounded strongly in March, with softwood prices soaring 6.4% in a single month, a five-month high. Chinese importers are facing price transmission pressure in the second quarter and need to be wary of supply chain fluctuations caused by the US-Canada tariff dispute. Experts recommend giving priority to CNF terms and paying attention to alternative sources of goods from Russia.
West Fraser of Canada temporarily reduced the production capacity of 20% of sawmills in BC due to log supply problems, which may affect the arrival of SPF timber from China in June. Experts suggest paying attention to alternative sources of goods from Russia and logistics solutions for the Port of Vancouver, and the 2×6 specification may become a buffer option.
The Canadian Wood Association has released a full life cycle environmental statement for five major products including cork and OSB, which will significantly enhance the competitiveness of certified wood in China's green building market. It is expected that the proportion of certified OSB exported from Vancouver Port to China will increase from 23% to more than 65% within half a year.
Canadian lumber production fell by 6.0% in November, and shipments fell by 8.7% from October. This trend may affect the purchasing decisions of Chinese lumber importers, who need to be vigilant about supply chain risks and price fluctuations.
Canada's sawn timber production in October increased by 7.6%, but fell by 5.2% year-on-year. This change may affect China's timber import market, providing opportunities for stable supply and price fluctuations, which is worthy of attention from importers.
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