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Lumber Prices Flat as Customers Resume Buying
July 8, 2021 — The big drops in lumber prices which started around the dual holidays of Victoria Day in Canada and Memorial Day in the US continued for five weeks, until the dual national holidays at the beginning of July. In the following week most lumber commodity prices were essentially flat, indicating a possible…
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Canada and US Railcar Loadings: July 3, 2021
The Association of American Railroads (AAR) reported July 7 US and Canadian rail traffic volumes for the week of July 3, 2021. For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes…
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Madison’s Softwood Lumber Prices July 8: Sneak Preview
Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices: After dropping a total of -52.5% from the all-time record high of US$1,600 mfbm — which had held for several weeks — this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir…
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Softwood Lumber Prices and Market Update: Mid-Summer 2021 (video)
SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Lumber prices wavered slightly before falling dramatically in the past two weeks. Now that price quotes are approaching something reasonably close to what sticker-shocked customers might want to pay, sales volumes are improving. Have suppliers and buyers found the sweet spot where lumber prices will settle until the weather turns winter-like…
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MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT:
Key comment: “Douglas-fir and sheet goods’ prices continued to hold on comparatively while the rest of the market cratered further.” Prices reflect week of June 17, 2021 (CLICK TABLE TO ENLARGE)
