Updated for subscribers Friday morning 8:30am Eastern Time, Madison’s weekly North American softwood lumber prices move up this week as good housing construction weather continues in various densely-populated parts of the US and Canada.
Another week of strong softwood lumber demand capped off an encouraging first month of 2020.
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Inventories of dimension lumber and panel products with suppliers described as plump, while sawmills report order files stretching out multiple weeks. Producers describe log supply as “very good”.