Canadian Engineered Wood Products
1 Erickson Drive T4S 1P5 Sylvan Lake, AB, Canada

We are currently seeing a lot of disruption to saw mills and primary producers as they manage the safety of their staff amongst these difficult times. With that said, most mills are still producing material to capacity and we expect to see a continued buildup of material as takeaway has certainly fallen off and supply continues to grow. https://cewp.ca/twiw/84-this-week-in-wood-18-03-2020

Internally, we have spent a good deal of time assessing how coronavirus is affecting not only the global market but specifically the lumber market as a whole and regionally. https://cewp.ca/twiw/83-this-week-in-wood-11-03-2020

Front and centre in the marketplace is the coronavirus and the effect it is having on global markets. With that said, the lumber market is not immune. We are seeing a great deal of uncertainty from the customer base, all the way through the supply chain, from the mills right down to the end-users. https://cewp.ca/twiw/82-this-week-in-wood-04-03-2020

There have been some strong and positive expectations about the building season and the excitement to start taking advantage of the upcoming activity. With that said, we are in a tight spot as prices have appreciated significantly across all sectors of the market over the past several weeks. "Can Wood Take Over for Steel and Concrete in a Significant Way?" and many market updates are covered in this week's This Week In Wood newsletter, check it out here:... https://cewp.ca/twiw #lumber #lumbermarket #TWIW #CEWP

There has been a tremendous amount happening in the markets, not all of it is directly related to lumber but it’s certainly having a psychological effect through every step of the system, from mills to end-users. https://cewp.ca/twiw/80-this-week-in-wood-19-02-2020