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Equitable Supply-Demand Balance Flattens Lumber Prices
Some crazy weeks on the Futures Board created uncertainty but as March carried on cash (or print) prices flattened out. Industry players hoped a balance of supply and demand has been reached, so price volatility settles down and true volumes of lumber are sold into this spring. The inventory of homes on the market continued…
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US Housing Starts February and Softwood Lumber Prices March: 2022
Into the month of March, lumber industry players hoped a balance of supply and demand had been reached, so price volatility settles down and true volumes of lumber are sold this spring. The inventory of homes on the market continued extremely tight, as many multiples of buyers showed interest in each single listing. Thus as…
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Further Rise of Lumber Prices
Still hot demand and relentless delivery delays served to pop up lumber prices yet higher. Buyers scoured their supplier contacts for anyone who might have the wood they need on hand at acceptable price levels. Inventories throughout the supply chain remained low to non-existent. A lot of time continued to be spent searching out the…
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Madison’s Heating Wood Pellet price report: Feb 2022
Canadian and US Biomass Fuel Investments Increase For details about this report click here: https://madisonsreport.com/products/madisons-north-american-heating-wood-pellet-price-report/ Resolute Acquires Biomass, Other Wood Products Interests Quebec-based Resolute Forest Products recently announced two separate acquisitions as the company grows its wood products operations portfolio. Resolute reached a $50 million agreement with Louisiana-Pacific Corp. to buy out the latter’s 50…
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Madison’s BC Coast Log prices: Dec 2021
Some lumber prices popped up slightly while others dropped a bit, as customers and suppliers were able to hammer out agreeable price levels for 2022. For more details about the full report click here: https://madisonsreport.com/bc-coastal-log-prices/ The question on everyone’s minds, since before the end of last year, was: were the seemingly very high prices of…