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Friday, July 12, 2013

Lumber + Building Materials Daily - Jul 12, 2013

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

Today is July 12, 2013.
THE DAILY BUZZ
 
Timber License Available in BC
 
The BC government has made a woodlot license with and annual allowable cut of 3,600 cubic meters available in the Lumby area near Mabel Lake.

"Expanding the woodlot license program is good for smaller communities like Lumby and will provide local employment opportunities," said Eric Foster, Vernon-Monashee MLA.

Additional information is available inside today's LBM Daily newsletter.



Send an email to the editor:
editor@lbmdaily.com


THE DAILY MARKET REPORT
 
Futures & Options: Slips off Highs
 
ContractCloseChangeVolumeOpen Int
July 2013303.00-5.50133308.50
Sept 2013317.20-2.00662321.10
Nov 2013319.50+ .50205321.80
Jan 2014329.90+ .904332.60
Mar 2014332.00+2.001
 
Lumber futures made new highs not seen since the middle May in the after-hours on featured short covering but then slipped back closing lower to mixed. The "spot" July contract which expires Monday settled at $303.00 down $5.50 and the lead September trimmed off $2.00 to finish the Pit traded session at $317.20.

...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
 
FINANCIAL  >
There is 1 new articles in this category today.
 
INDUSTRY NEWS  >
There are 2 new articles in this category today.
 
ECON & HOUSING  >
There are 3 new articles in this category today.
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TODAY'S NEWS
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