With no holds barred, traders bid up lumber to fresh record
Lumber roared to a fresh record high on Monday, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some…
With ‘feel-better situation’ for consumers, economy could see fastest growth since 1980s
With more businesses reopening and bringing employees back to work, the U.S. economy is on firm footing and could see its fastest growth in more…
Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020
Costs were still substantially lower in many markets compared to late 2019
Global effort to save dwindling ocean fish faces moment of truth
Decades of talks to end government subsidies that fuel overfishing could result in a WTO deal this summer, but several nations are seeking exemptions.
South Korea’s exports increase by most in 10 years in April
South Korea’s exports last month rose the most in 10 years, boosted by an increase in the number of working days from a year earlier…
U.S. steel is retreating from greatest rally in a generation
U.S. Steel Corp. is retreating from the greatest metals rally in two decades even as rival producers post record profits on soaring demand during the…
China Politburo reiterates no sharp turn in macro policies
China’s top leaders pledged to deepen supply side reform and drive a rebound in domestic demand, staying the course for now to bolster the economy’s…
Taiwan posts fastest growth since 2010 on export-fueled boom
Taiwan’s economy grew the fastest in more than 10 years in the first quarter as companies scrambled to build new production lines in an effort…
Myanmar to export 2 million tons of rice even as hunger grows
Myanmar still expects to export 2 million tons of rice this year, despite a warning from the World Food Programme that millions of people in…
Sawmills are selling boards faster than they can cut them
Lumber demand is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according to Chief Executive Officer Remi Lalonde.
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