Canfor Corp T.CFP

Tariffs on softwood to double

[Dibah420]

2 the G&M (paywall)

[sunshine7]

"The proposed rates will not take effect immediately, but are subject to further review over the next six months before final duties are set."

[islandbrook]

Jim Cramer of CNBC has stated that the current lumber prices would drop signifiantlyif there were a CUT in tarffs.If true then a plan to consider a  tariff RISE would tend to propup prices higher than would  ordinarily only be subject to normal market forces.Chances of futures reaching a new high are certainly increased and as well maintaining a prlonged elevated level are lightly.

[theprovincial]

With a 6 month window between now and final approval we could see a buying frenzy. It's absurd, but with so much demand and supply constraints could we see LBS futures trading above $1800? It's very possible.