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Tuesday, July 9, 2013

Lumber + Building Materials Daily - Jul 09, 2013

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

Today is July 09, 2013.
THE DAILY BUZZ
 
Streamlined Regs More Industry-Friendly
 
The Ontario Ministry of Natural Resources announce an effort to harmonize the Crown Forest Sustainability Act and the Endangered Species Act in order to eliminate duplication and reduce bureaucratic red tape. The new regulations, hailed as industry friendly, were instituted on the recommendations of a stakeholder panel last winter.

More on this story is available in today's Enviro & Legislation category



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editor@lbmdaily.com


THE DAILY MARKET REPORT
 
Futures & Options: Pulled Back
 
ContractCloseChangeVolumeOpen Int
July 2013300.00-4.80149301.70
Sept 2013302.30-7.20443305.20
Nov 2013301.00-6.5038303.50
Jan 2014310.00-6.001
Mar 2014321.20-4.201
 
Lumber futures pulled back Monday after last week's rally on profit taking long liquidation and selling premiums against cash positions. Both the "spot" July and the lead September contracts gapped open lower but filled the gap on speculative short covering in early trade. However, the bearish open continued to lend overhead pressure through the session. Additionally, any fresh buying was noticeably absent from the market due in part to accumulations of inventories in the secondary market and slow post holiday mill sales.

...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
 
ENVIRO & LEGISLATION  >
There are 3 new articles in this category today.
 
INDUSTRY NEWS  >
There are 6 new articles in this category today.
 
ECON & HOUSING  >
There are 2 new articles in this category today.
 
SCIENCE & TECH  >
There is 1 new articles in this category today.
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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