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Monday, July 15, 2013

Lumber + Building Materials Daily - Jul 15, 2013

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

Today is July 15, 2013.
THE DAILY BUZZ
 
Domtar Shares Drop
 
Domtar's second quarter disappointed with a 2.2% drop in shares, down 10% overall in 2013. The timber giant reports an operating loss thanks to increased maintenance costs and decreased pulp productivity.

"We had sub-optimal pulp productivity and unusually high costs due to significant planned maintenance and delayed restarts in our pulp mills," stated CEO John Williams. "We remain confident that we will return to more normalized productivity levels across the business by the end of the third quarter."

For more on this story, please see today's Financial section.



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THE DAILY MARKET REPORT
 
Futures & Options
 
ContractCloseChangeVolumeOpen Int
JUL13296.50 - 650167278
SEP13316.00- 1203774423
NOV13315.80- 370611027
JAN14325.00- 490249
MAR14331.70- 30----16
MAY14342.00+ 42025
JUL14353.80+ 420----2
 

...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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