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Wednesday, June 28, 2017

Lumber + Building Materials Daily - Jun 28, 2017

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

Today is June 28, 2017.
THE DAILY BUZZ
 
Dominant News
 
The softwood lumber dispute eclipsed pretty much everything else happening in the lumber industry in light of recent AD tariffs imposed by the US. Both sides claim aggrieved status and are rattling their sabers with threats of litigation and increases in duties.

You can find plenty more about this story inside today's LBM Daily newsletter.



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


THE DAILY MARKET REPORT
 
Futures & Options: AD Determination
 
ContractCloseChangeVolumeOpen Int
July 2017353.60-7.305341602
Sept 2017334.50-8.606421782
Nov 2017332.40-8.6091613
Jan 2018343.60-6.8010108
 
A lower than expected preliminary anti-dumping determination settled Lumber Futures lower. The market opened down on follow through selling following yesterday's post- settle sell off. Mixed selling centered on long liquidation with featured technically inspired fund selling after July breached the 200 day moving average of 359.60 pressed Lumber while uncovering long term support via profit taking short covering with some fresh buying of the discount to cash.

...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 4 new articles in this category today.
 
INDUSTRY NEWS  >
There are 9 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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