Timber Trouble: Why Lumber Mills Are Shutting Down Amid Price Drops
Download MP3Highlights:
- Discussion on how Canfor, one of Canada's largest lumber mills, is reducing output due to market conditions.
- Insight into the reasons behind curtailments:
- Lumber pricing has dropped significantly.
- Mills face challenges producing lumber profitably at current market prices.
- Overview of the consequences:
- Employee furloughs.
- Suspension of raw log material purchases.
- Reduced mill production.
- Questions posed to the audience:
- How are curtailments affecting your market?
- Are these changes impacting your prices or making it harder to acquire materials for your build packages?
Join the conversation and share your thoughts!
