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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 story of North American forest products giants (Part 1): Weyerhaeuser, West Fraser, and Café-Rodriguez’s century-old foundation and the Chinese market

North America has one of the most extensive and high-quality forest resources in the world. On this land, a number of world-class forest product companies were born. They have gradually developed from the initial logging camps into multinational giants with businesses all over the world. Their growth history is not only a magnificent business epic, but also a struggle history of constant game with natural resources, market changes, and technological innovation. As the opening of a series of articles, this article will focus on three industry leaders with a long history and far-reaching influence: Weyerhaeuser, West Fraser, and Canfor.

The story of North American forest products giants (Part 1): Weyerhaeuser, West Fraser, and Café-Rodriguez’s century-old foundation and the Chinese market Read More »

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BMI Group acquires idled Ontario Domtar pulp mill, changes wood supply chain landscape

BMI Group acquired the idle Domtar pulp mill in Ontario, Canada, involving a 16MW hydropower station asset. Experts said the deal could improve China's NBSK pulp supply and shorten the shipping time of Canadian SPF sheets by 3-5 days through logistics optimization. Energy self-sufficiency may reduce the FOB price of sheets by 2-3 USD/1,000 board feet.

BMI Group acquires idled Ontario Domtar pulp mill, changes wood supply chain landscape Read More »

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Reciprocal tariffs after April 2025 will reshape the US-Canada-China timber trade pattern: supply chain adjustments and price fluctuations

After April 2025, the reciprocal tariff policy between the United States, Canada and China is reshaping the timber trade pattern. The United States has imposed a 10% basic tariff on most countries and a cumulative 54% tariff on Chinese goods; China has imposed a 34% reciprocal tariff on all US imports since April 10. This situation has created a new pattern for Chinese timber importers.

Reciprocal tariffs after April 2025 will reshape the US-Canada-China timber trade pattern: supply chain adjustments and price fluctuations Read More »

Canadian sawmill production surges by 16.2% in January, Chinese timber importers usher in supply window

Canada's timber production in January surged by 16.2% month-on-month to 3.87 million cubic meters. Chinese importers can seize the short-term supply window period, and the CIF price in April is expected to fall by 2-3%. However, it is still down 3.1% year-on-year, reflecting long-term supply constraints.

Canadian sawmill production surges by 16.2% in January, Chinese timber importers usher in supply window Read More »

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Canada's February industrial products and raw materials price index released: the impact of wood price fluctuations on Chinese importers

Canada's industrial products and raw materials price index in February showed that lumber prices fell by 1.2% month-on-month, of which softwood lumber prices fell by 3.4%. In 2024, Canadian lumber prices rose by 2.2% throughout the year, with softwood lumber rising by 6.2%, mainly due to tight supply caused by sawmill production cuts. Chinese importers need to pay attention to the impact of price fluctuations on procurement costs.

Canada's February industrial products and raw materials price index released: the impact of wood price fluctuations on Chinese importers Read More »

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Trump delays tariffs on Canadian and Mexican USMCA goods until April 2, lumber import supply chain faces uncertainty

Trump postponed the imposition of tariffs on USMCA goods from Canada and Mexico until April 2, providing a short buffer for the North American lumber supply chain. Experts advise Chinese importers to pay attention to CME futures price fluctuations, give priority to signing FOB contracts, and be wary of future trade barriers.

Trump delays tariffs on Canadian and Mexican USMCA goods until April 2, lumber import supply chain faces uncertainty Read More »

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