-
Long Delivery Times Flatten Lumber Prices
Heavy negotiations went on between customers and lumber suppliers, as prices had drifted higher over recent weeks but delivery times remained very long. Buyers maintained patience in awaiting wood already ordered, much delayed in transportation, while producers and stocking wholesalers allowed their inventories to grow. There were many reports of sawmills protecting extended order files,…
-
Lumber Prices Crest as Supply Remains Tight
It might be that the North American construction framing dimension softwood lumber market has found equilibrium. At least for the time being. While inquiry and demand for wood remained strong, many lumber commodity prices seem to be levelling off. Of course, this is at higher levels than prior to two years ago. However, as mentioned…
-
US Housing Starts Dec 2021, Lumber Prices Jan 2022
An upward bump in US housing starts, again unusual for the season, kept the pressure on for customers to order the dimension lumber building materials they knew they would need for the looming spring construction season. New home building in the US for December 2021 exceeded the historical trend for the time of year. Indeed,…
-
Lumber Market and Prices: Jan 2022, Week 3
Continued strong demand combined with restricted supply pushed prices yet higher, so in the week ending January 14, 2022 the price of benchmark lumber item Western S-P-F 2×4 #2&Btr KD (RL) rose by +$70 or +6% to US$1,170 mfbm, from $1,100 the previous week, said forest products industry price guide newsletter Madison’s Lumber Reporter. That…
-
Mid-January 2022 Softwood Lumber Prices Rise Further
Unusual for the time of year but a surprise to no one, lumber prices rose further in the second week of January. Ongoing momentum of strong demand from the end of 2021 combined with significant supply constraints, most notably from the northwest especially British Columbia, served to keep prices high. Transportation issues throughout the supply…
