Weyerhaeuser, Rayonier, PotlatchDeltic, Boise Cascade to Benefit from Timber Tariffs, Truist Securities Says

MT Newswires Live
09/30

The US announcement of 10% tariffs on imported softwood timber and lumber, among other products, is a "positive" development for domestic lumber and timber producers like Weyerhaeuser (WY), Rayonier (RYN), PotlatchDeltic (PCH), and Boise Cascade (BCC), Truist Securities said in a Tuesday note.

The tariffs should support domestic lumber pricing, which is currently about 8% below the 2024 average, and will increase the cash costs of Canadian lumber producers, resulting in production cuts and a tightening of North American lumber supply and demand dynamics, Truist said.

The tariffs will take effect on Oct. 14, according to the White House announcement.

Price: 24.68, Change: -0.18, Percent Change: -0.72

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10