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Wednesday, May 22, 2013

Lumber + Building Materials Daily - May 22, 2013

YOUR DAILY SOURCE FOR UP-TO-DATE WOOD PRODUCTS INFORMATION

Today is May 22, 2013.
THE DAILY BUZZ
 
Wood Waste to Diesel
 
Australia's Southern Cross University's new pilot program to turn wood waste into diesel fuel focuses on small scale production with local resources. Shipping waste material has cut or eliminated profitability in large scale production. Researchers aim is to create a small scale system that would allow any sawmill to process it's own material for on site power generation.

More on this story is available in today's Science & Tech category.



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THE DAILY MARKET REPORT
 
Futrures & Options: New Lows
 
ContractCloseChangeVolumeOpen Int
July 2013311.60-6.90648320.50
Sept 2013312.40-6.10121317.10
Nov 2013311.00-5.5022318.90
Jan 2013320.10-4.907322.20
 
New two week lows were made in Lumber Futures closing the market lower on speculative selling and "stops". Lumber started the week modestly higher on technically motivated profit taking short covering. Prices were then flat to slightly higher in the after-hours market on follow through buying but lost strength after failing into Monday's high in the lead July contract of $321.00.

...Click here to read the rest of this article.


Widman's Market Report & Barometer
 
The Widman Price Forecasting Service includes the Widman Market Report & Barometer, each published twice per month. These publications provide reports and research for the North American Softwoods Market, including price forecasting, indicators and insights.
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TODAY'S NEWS
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There are 3 new articles in this category today.
 
INDUSTRY NEWS  >
There are 4 new articles in this category today.
 
SCIENCE & TECH  >
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TODAY'S NEWS
  International
  Financial
  Enviro & Legislation
  Industry News
  Econ & Housing
  Science & Tech

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OETA Story on Recycled Wood aired on 11/03/09