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Firmer Lumber Prices on Lowered Inventories
The beginning of November brought a slight firming up for lumber prices, due to recent sawmill curtailments — especially in British Columbia — and ongoing reasonable sales volumes. Customers found inventories in the field quite scarce thus had to come back to producers for their purchases. As the usual seasonal slowdown ihttps://madisonsreport.com/s upon us, and…
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US Housing Starts Sept, Lumber Prices Oct: 2022
Go to the websitehttps://madisonsreport.com/subscribe/to get a sample of the full 500 individual lumber and panel commodity prices for that week, as well as the market commentary explaining why the prices are changing. Total housing starts in the US for September 2022 fell -8.1% to 1.439 million units compared to the 1.566 million units reported for…
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Lumber Prices and Market Update: Oct 2022 [video]
Staying even from the previous week, in the week ending October 28, 2022, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$480 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -8%, from one month ago when it was US$524 mfbm.…
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Lumber Prices Flat on Significant Production Curtailments
As October drew to a close, significant production curtailments at several large British Columbia lumber producers helped keep softwood lumber prices flat. Most of these operators cited high log costs vs lower lumber prices as the reason for taking this downtime. Meanwhile, it seemed that Weyerhaueser and the union came to an agreement, so the…
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Madison’s Lumber Prices Update – Sneak Peak
An early view of what Madison’s Lumber Reporter subscribers will see tonight when the 500 individual softwood lumber and panel commodity prices are updated in our dashboard: This small bump up in benchmark Western S-P-F KD 2×4 and 2×6 #2&Btr during a time of year when construction and building is usually slowing down — thus…
