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Plywood and OSB Prices: March 2023
REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 3, 2023, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$678 msf, which is flat from the previous week, said weekly forest…
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Ample Supply Brings a Drop in Lumber Prices
At the end of February, despite a noticeable reduction in lumber manufacturing since 4Q 2022, supply was ample enough that prices dropped significantly. A fresh round of harsh winter weather, including in southern California, brought a stop to any construction activity that might still have been going on. Noting the recent waffling of price levels,…
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Lumber Prices and Market Update: March 2023
REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 03, 2023, the price of WSPF 2×4 #2&Btr KD (RL) was US$400 mfbm. This is down by -$17, or -4%, from the previous week when it…
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Lumber Prices Flatten as Demand Remains Weak
Ongoing harsh winter weather and ample supply of lumber inventories in the field served to keep prices stable. It seemed that only the sawmill downtime and curtailment announcements of recent weeks — and months — kept lumber prices from falling lower. The balancing act of keeping manufacturing volumes in line with demand was made even…
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US Housing Market January and Softwood Lumber Prices February: 2023
US housing starts and new home sales data has been released for January 2023, with the latest numbers showing an ongoing momentum of activity. In 2022 the US began building 1.55 million homes, just a -3% drop from full-year 2021. Single-family starts in 2022 totalled 1.01 million, down -10.6% from the previous year. Total housing…
