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Normal Seasonal Slowdown for Lumber Industry
Even while actual prices remained flat, there was a general sense of the usual seasonal slowdown coming for sawmills and the lumber industry. This is because the order files at producers have shrunk from a month to barely two weeks. Expectations are, that as construction activity drops off during the winter months, lumber demand will…
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Lumber Prices and Market Update: Nov 2022
The latest North American construction framing dimension softwood lumber prices and market commentary, by Madison’s Lumber Reporter for the end of November 2022 Check back with the Madison’s Lumber Reporter website madisonsreport.com often for the latest updates for the latest developments and updates. In the week ending November 25, 2022, the price of WSPF 2×4…
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Good Supply-Demand Balance Keeps Lumber Prices Flat
In mid-November the annual North American Wholesale Lumbermen’s Association gathering took many traders away from their desks to hob-nob with their colleagues, often determining between themselves the condition for lumber sales to the end of the year. As such, sales were slow but somewhat consistent, and prices remained steady. True winter weather came on in…
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US Home Sales Sept, Lumber Prices Oct: 2022
After a pop the previous month, sales of new US single-family homes dropped again in September. There were 603,000 new single-family homes sold last month, which is down -10.9% from the downwardly revised August rate of 677,000 and is a -17.6% drop compared to September 2021 when it was 732,000. Only 6,000 new homes sold…
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North America Softwood Lumber Market Year-End Update: 2022
As the forest products industry matures into this post-Covid landscape, and the new realities of macroeconomic conditions become more clear, a better picture of cyclical lumber price trends is forming. In the past, solid wood manufacturers were able to rely on a relatively stable seasonal cycle; the beginning of slowdown after Labour Day, with lumber…
