North American timber groups posted weaker performances in second quarter of this year

Surplus supply sometimes leading to production cutbacks

US and Canadian timber companies largely experienced lower revenues and earnings in the second quarter of this year despite the steady recovery in US home construction and better business in China than in the first quarter. This downswing was mainly caused by low prices, especially at the start of the quarter. ...

Read more

You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -

Article categories
- Ad -