Softwood lumber update: sales to U.S. still high

In the business section of the Chronicle Herald, James Risdon looks at the market for N.S. softwood lumber south of the border. “Booming softwood lumber prices are letting Canadian producers carry on business as usual…South of the border, lumber prices have gone up by almost exactly the same amount this year as the countervailing duties, says Joel MacLaggan, sales manager at Waverley-based lumber broker Eacan Timber.”

There are still concerns about a possible downturn in the U.S. housing and the exclusion of N.S., P.E.I. and N&L from the countervailing duties still has to be finalized.

View Business as usual for lumber producers (CH, Sep 5, 2017).

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