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Deep dive into latest softwood lumber prices and market update for the beginning of September 2026.
KEY TAKE-AWAYS:
• Western-SPF players in the US were more interested in taking the symbolic last weeks of summer to vacation rather than sit at a desk.
• Trading activity unsurprisingly sputtered as distractions abounded ahead of the upcoming Labour Day weekend holiday.
• Prices of Western-SPF in Canada continued its sideways-to-down drift as summer holidays again took precedence over slow business.
• Scores of Eastern-SPF buyers staying out of the fray while a smaller cohort opportunistically sniped discounted orders where they could be found.
• Higher-priced Euro wood was arriving into a much softer market, so the next 30-45 days will be interesting.
• Southern Yellow Pine sawmills did a good job over the past few weeks cleaning up accumulations of certain items.
• Alternating hot and stormy weather in the US northeast was not expected to break until around mid-September, which kept construction activity there low.