CBSA has launched an investigation into Chinese decorative and other nonstructural plywood imports over alleged dumping and subsidies.
Wood Markets News
Investment in Canadian Building Construction Declines in February
Building construction investment fell 2.1% to CA$23.0 billion in February. Year-over-year, investment was up 1.8%.
BC’s Vanderhoof Specialty Wood Products Curtailment Extends Beyond Initial Timeline
Workers at a BC mill have been laid off for over a month, exceeding a planned three-week curtailment, CKPG News reported.
Canadian Housing Starts Fall in March
Canadian housing starts fell 6.0% in March to 235,852 units (SAAR), while the six-month trend declined 2.9% to 248,378 units, CMHC reported.
US Single-Family Rent Growth Slows in February
US single-family rents rose 1.1% year-over-year in February, down from 2.6% a year earlier, as rent growth slowed across price tiers, Cotality reported.
EU Imposes Antidumping Duties on Brazilian Softwood Plywood Imports
The EU imposed 5.4% antidumping duties on Brazilian softwood plywood imports, formalizing provisional duties in place since November 2025.
EU Trade Surplus Shrinks Sharply in February as Exports to US Fall
The EU trade surplus shrank 60% in February as exports fell 9.3% year-over-year, led by a 26.4% drop in shipments to the US, Reuters reported.
US Construction Input Prices Rise in March as Energy Costs Surge
Construction input prices rose 3.8% year-over-year in March, as energy costs surged more than 20%, the BLS and NAHB reported.
Storm Causes Extensive Forest Damage in Sweden
Storm Dave caused an estimated SEK 2 billion (US$218 million) in forest damage across southern Sweden, with about one million cubic meters downed in Västra Götaland alone.
US Mortgage Rates Fall in the Week Ending April 16
The 30-year fixed-rate mortgage averaged 6.30%, down from 6.37% the previous week, Freddie Mac reported.