-
Madison’s BC Coast Log Price Report: Nov 2021
Lumber Prices November and US Housing Starts October: 2021 It is expected that next week the US Department of Commerce will announce the usual annual adjustment to the softwood lumber duty on Canadian forest products entering the US, the Administrative Review. According the a previous announcement early this year, the duty will be increased to…
-
Madison’s Heating Wood Pellet Price Report: Oct 2021
Government of India Mandating Thermal Power Plants Use Biomass In an effort to decrease stubble burning by farmers, India’s Ministry of Power has mandated that all thermal power plants burn a blend of agricultural residues and coal. The states of Haryana, Punjab, and Uttar Pradesh, along with the country’s largest power utility, NTPC, are consequently…
-
Current Lumber Price Trendline Matches 2020
The extent of damage to transportation infrastructure and supply chain in southern British Columbia following the massive flooding in November is now knows. After closing down two times the Port of Vancouver is now fully re-open, as both railways are running again. The Canadian Pacific and Canadian National railways are sharing the one repaired rail…
-
Lumber Prices and Market Summary: Nov 2021 (video)
At the end of November, Western S-P-F demand was variable according to traders in the United States. Once-in-a-century flooding in the Pacific Northwest caused uncertainty to pervade the market as the week wore on. Some buyers busily scrambled to find wood amid the ensuing logistical chaos, while others cautiously sat on their inventories, hoping to…
-
Lumber Prices Year-End 2021: A Brand-New Market Balance
As explained by Madison’s Lumber Reporter last week, the North America construction framing dimension softwood lumber market has changed forever. Following the massive flooding and infrastructure damage to transportation routes in southern British Columbia, which will take many months to repair, for the week ending November 26, 2021 industry players had not yet been able…
