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Benchmark Softwood Lumber Prices Correct Downward Significantly
The view going forward is that ongoing demand for real building projects will keep lumber prices high. Whether they will surpass the record-levels of last year remains to be seen. Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages After popping up by a sizeable degree in the first full work week of 2021,…
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US Housing Starts: December and Full-Year 2020
US Total and 1-Unit Housing Starts Dec 2020 & Benchmark Softwood Lumber Prices Jan 2021 Single-family housing permits rose +7.8% to a 1.23 million pace, the fastest since 2006 Construction climbed in three of four regions, led by a +32% surge in the Midwest, with starts in the Northeast seeing the lone decline The total…
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Most Softwood Lumber Prices Stay Flat as the Supply-Demand Balance is Reached
As mid-January 2021 came upon us, it seemed like supply and demand for softwood lumber and panel products reached an equilibrium. Almost all prices were flat, except the 2×8 sizes which dropped somewhat. Players agreed that this current lull could indicate a new level of asking prices at lumber producers and wholesalers. Field inventories with…
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North American Softwood Lumber Annual Price Cycle Explained
North America construction framing dimension softwood lumber and panel prices used in Canadian and US home building. Explanation of the seasonal cycle for softwood lumber buying as well as investment the sawmills need to make for their feedstock — log supply and inventory.
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Madison’s Lumber Reporter: Softwood Lumber Price Data Explanation
North America construction framing dimension softwood lumber and panel prices used in Canadian and US home building. Explanation of the various products, including tables and graphs showing current prices against a historical perspective.
