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Madison’s Lumber Prices Index February 23, 2024: US$474 mfbm
The Madison’s Lumber Prices Index for the week ending february 23, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending February 23, 2024 is: US$474 mfbmThis is up by +1%, or +$5, from the previous week when it was US$469. For information regarding the construction of this Index (species mix, weighed…
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Lumber Prices Remain Flat on Muted Sales
Lumber sales remained muted into mid-February, as it seemed like many buyers were waiting on the sidelines to see what everyone else was doing. Inquiry at sawmills was good, however there was not yet much follow-through with actual sales. The forest products manufacturing industry was poised for the next home building season, but since that…
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Madison’s Lumber Prices Index February 16, 2024: US$469 mfbm
The Madison’s Lumber Prices Index for the week ending february 16, 2024 is: US$469 mfbm The Madison’s Lumber Prices Index for the week ending February 16, 2024 is: US$469 mfbmThis is up by +0%, or +$1, from the previous week when it was US$468. For information regarding the construction of this Index (species mix, weighed…
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Slow Demand Keeps Lumber Prices Flat
Steady take-a-way amid normal seasonally slow demand was the name of the game for January 2024 North American construction framing dimension softwood lumber sales. Prices remained essentially flat, providing much-needed stability for both the forest products manufacturing industry and home builders alike. Expectations for reasonably good housing starts numbers this year are widely acknowledged. The…
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Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm
The Madison’s Lumber Prices Index for the week ending february 9, 2024 is: US$468 mfbm The Madison’s Lumber Prices Index for the week ending February 9, 2024 is: US$468 mfbmThis is down by -1%, or -$5, from the previous week when it was US$473. For information regarding the construction of this Index (species mix, weighed…
