Close-up of stock market chart showing trends and data on a digital screen.

Canadian lumber price index plunges: in-depth analysis of April market dynamics and strategic implications for Chinese importers

The latest data from Statistics Canada shows that both the industrial product and raw material price indexes fell in April. Among them, the price of lumber and other wood products fell by 4.4% month-on-month, and the price of cork plummeted by 11.1%, the largest monthly drop since June 2022. Potential tariff risks have caused buyers to postpone purchases, creating downward pressure on prices.

Canadian lumber price index plunges: in-depth analysis of April market dynamics and strategic implications for Chinese importers Read More »

The US lowers tariffs on Canadian softwood lumber, intensifying the battle between China and the US for Canadian lumber

The U.S. Department of Commerce (DOC) recently announced a reduction in anti-dumping tariffs on some cork products imported from Canada. This adjustment will take effect on September 24, 2024 and has been published in the Federal Register. This move is expected to have an impact on U.S.-Canada and international timber trade.

The US lowers tariffs on Canadian softwood lumber, intensifying the battle between China and the US for Canadian lumber Read More »

The U.S. Department of Commerce strikes hard! Canadian softwood lumber faces a new round of high tariffs

The U.S. Department of Commerce (DOC) has published new anti-dumping and countervailing duty rates on imported Canadian softwood lumber products in the Federal Register. The finalized rates from the fifth administrative review will take effect on August 19, 2024, and the overall tariff level will increase from the previous 8.05% to 14.54%.

The U.S. Department of Commerce strikes hard! Canadian softwood lumber faces a new round of high tariffs Read More »

en_USEnglish
Scroll to Top