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Lumber Prices Flat on Significant Production Curtailments
As October drew to a close, significant production curtailments at several large British Columbia lumber producers helped keep softwood lumber prices flat. Most of these operators cited high log costs vs lower lumber prices as the reason for taking this downtime. Meanwhile, it seemed that Weyerhaueser and the union came to an agreement, so the…
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Madison’s Lumber Prices Update – Sneak Peak
An early view of what Madison’s Lumber Reporter subscribers will see tonight when the 500 individual softwood lumber and panel commodity prices are updated in our dashboard: This small bump up in benchmark Western S-P-F KD 2×4 and 2×6 #2&Btr during a time of year when construction and building is usually slowing down — thus…
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Good Construction Weather Props Up Lumber Prices Slightly
Into the latter weeks of October, mild weather in many of the densely-populated areas of the US provided the opportunity for an increase in construction activity. As such, demand for dimension lumber and other solid wood building materials brought a bump up in lumber prices, due to limited supply in the field. Sawmills and wholesalers…
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US Housing Market Sept & Softwood Lumber Prices Oct: 2022
After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that new building activity…
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The Autumn Slowdown Brings Dropping Lumber Prices
The normal seasonal slowdown for construction and building activity in autumn brings a drop in lumber prices. However it is unknown how much impact rebuilding after the recent very severe storms along the east coast of North America, both on the Canadian Atlantic provinces and for the US south, will have on looming lumber demand…
