The curtailments are in response to persistently weak market conditions. “Benchmark lumber prices have continued to weaken since the beginning of the year, from already unsustainably low levels, as ...

Lumber prices have plummeted to around $500 per thousand board feet, marking a stark departure from the soaring prices witnessed in recent years. The latest data from industry sources paints a picture ...

opens new tab posted a fall in first-quarter revenue on Friday compared with the previous three-month period due to lower realised oil and liquefied natural gas prices and flagged declining ...

ONTARIO: At least one mill in Western Canada has been forced to curtail production because of plunging lumber prices and soaring log costs. Conifex Timber Inc said it will temporarily slow ...

John Wood Group has been urged to explore either moving its primary listing to the U.S. or a sale of the company by investor Sparta Capital Management, citing frustration over share price ...

Lumber buyers kept their inventories lean post-Easter thus demand continued to sag. In the week ending April 5, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest ...

Chicago, IL, Apr. 9--The recent spike in lumber prices is part of a broader pattern of increases for a building material essential to residential construction. But the hikes have yet to put much ...

Newly released data from Realtor.com for January shows that potential buyers and sellers in Wood County saw houses sell for higher than the previous month's median sale price of $160,000.

This rise in gold price, according to Christopher Wood, global head of equity strategy at Jefferies, is attributed to the demand from China amid lack of investor euphoria as regards the yellow metal. ...

Premium Even though baffled with the recent surge in gold prices, Chris Wood of Jefferies in his Greed and Fear report tries to explain the likely reasons for the same. Gold prices have ...