Iran-related trade disruption deepens pressure on lumber markets, Canfor says

The conflict involving Iran is beginning to weigh directly on global lumber markets, with Canfor warning that petroleum-related supply chain disruption and rising construction costs could weaken North American demand during the second quarter of 2026. The Vancouver-based producer reported an operating loss of CAD 72.5 million and a net loss attributable to shareholders of CAD 72.1 million for the first quarter, despite an improvement from the previous quarter as tighter supply pushed benchmark lumber prices higher. The company said geopolitical tensions linked to Iran are now affecting purchasing behaviour, freight costs and housing ...

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