Lumber rose to 667.11 USD/1000 board feet on July 18, 2025, up 1.22% from the previous day. Over the past month, Lumber' s price has risen 8.29%, and is up 33.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lumber reached an all time high of 1711.20 in May of 2021. Lumber - data, forecasts, historical chart - was last updated on July 20 of 2025.

You are right, they recently sold their entire loss making assets to their Indonesia counterpart.

Now as a Trading Company in Timber Products, starting 28 March and second quarter already into a profit of IDR 3 billions.

Long Term Should Be Profitable, As They Always Sell Their Products With A Mark-Up Margin! Mid-Term Timber Futures In An Uptrend!

Not A Buy Call, Trade At Own Risk & Gain!

https://tradingeconomics.com/commodity/lumber

Lumber futures traded above $650 per thousand board feet, hovering near April highs driven by tightening US sawmill output and dwindling import volumes, both of which are near their lowest levels in half a decade. Domestic production in the first quarter slipped year-on-year, and imports, including softwood lumber from Canada, have contracted sharply, leaving US framing material availability at its leanest since 2019. At the same time, builders are contending with looming tariff hikes that could push duties on Canadian lumber from roughly 14.5% today toward the mid-30s, adding several thousand dollars to the cost of new homes. Although a modest pull-back in construction activity has softened recent gains, overall demand remains sufficient to absorb current supply, and without a rapid expansion in US mill capacity or alternative sourcing, these supply constraints, compounded by rising trade barriers, are likely to sustain upward pressure on lumber prices in the months ahead.

Excerpt From AGM Minutes

" A shareholder queried on whether the Company intends to undertake any corporate actions following completion of the disposal of subsidiaries and cash distribution such as a share consolidation or a rights issue and the projected profits or losses for the new trading business of the Company.

The Chairman clarified that as the Company has only retained a trading business post disposal, the Company will not undertake any such corporate actions as the Group has  sufficient working capital for the next 12 months. Mr Johanes Ibrahim Tjendana, the Chief Financial Officer of the Company clarified that depending on the volume of sales of plywood in the next 12 months, the Group&rsquo s trading business will be able to generate a profit the Company had disposed of its loss-making business. "

" The Post-Disposal Group to operate as the  exclusive distributor  of processed plywood, floorbase, film face, laminated veneer lumber and housing products produced by the Disposal Group to purchasers in  Singapore, Thailand, Malaysia, Philippines, United States of America and Canada."

" The said disposal was completed on 27 March 2025 and  the Group commenced the trading business with effect from 28 March 2025."

The Group&rsquo s discontinued operations reported an 8% fall in sales revenue to  Rp2.1 trillion  against Rp2.2 trillion recognised in the previous year (&ldquo FY2023&rdquo ).  (Sales Revenue Rp2.1 trillion = S$164.4m)

" The Group made efforts to  expand into new markets in Europe and the Middle East. Along the way, we managed to develop strong relationships with international buyers, which positioned the Group to seize growth opportunities when they arise."

With the new 32% tariff on Indonesian products entering into US, the Group  sales and distribution business operating via Singapore based  Bio-forest Pte Ltd  could present a unique opportunity for " Packaging" and re-export to US at a much lower import rate.

Not A Buy Call, Trade At Own Risk & Rewards!

Lumber futures surged  above $650  per thousand board feet in March, the highest in two-and-a-half years, after US President Trump  imposed a 25% tariff on Canadian goods.  The measures by the US President  add on to existing 14.4% taxes lumber from Canada, a major exporter that is responsible for around 30% of US consumption,  by removing the competitiveness of Canadian supply and pressuring capacity for domestic consumers. Tariff threats had already  triggered a surge in wood prices  since being suggested in Trump&rsquo s inauguration, coming at a time when the  US forests already face supply pressures. North American production slumped by 3.1 billion board feet in 2024 due to  widespread sawmill closures, particularly in Canada, where rising costs have forced cutbacks.

https://tradingeconomics.com/commodity/lumber


Lumber futures traded around  $630 per thousand board feet in February, the highest since October 2022, amid tariff concerns and tightening supply.  U.S. President Trump reaffirmed that tariffs on Canadian  and Mexican imports remain " on time and on schedule," despite both nations' efforts to bolster border security and curb fentanyl flows ahead of the March 4th deadline.  This presses capacity for domestic lumber producers, as the  US is a major importer of Canadian wood.  The National Association of Home Builders warned that higher tariffs on  lumber and gypsum could push prices up 40%,  worsening affordability and slowing the housing market&rsquo s recovery. Meanwhile, U.S. building permits edged up 0.1%, signaling stability, while housing starts plunged 9.8%, pointing to near-term weakness.  On the supply front, North American  production fell by 3.1 billion  board feet in 2024  due to widespread sawmill closures, particularly in Canada,  where rising costs forced cutbacks.