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NAFTA Chapter 19 Panel on U.S. Countervailing Duties on Canadian Softwood Lumber
Read more: NAFTA Chapter 19 Panel on U.S. Countervailing Duties on Canadian Softwood LumberRuling May 6, 2024: U.S. Department of Commerce to correct errors in its setting of countervailing duties on Canadian softwood lumber “The Panel orders Commerce to make a determination on remand consistent with the findings and instructions of this opinion. The remand determination shall be made within 90 days.” https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/softwood-lumber/nafta_panel_decision_cvd_investigation_appeal_may_6_2024.pdf
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Buyer Reluctance Keeps Lumber Prices Lower
Read more: Buyer Reluctance Keeps Lumber Prices LowerIn what is normally the beginning of true building season across North America, the end of April this year did not bring the usual high volumes of lumber sales. Indeed, while recent lower prices did encourage customers to increase purchasing somewhat, actual sales volumes remained below the seasonal norm. Participants in the forest products industry…
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Madison’s Lumber Prices Index May 03, 2024: US$417 mfbm
Read more: Madison’s Lumber Prices Index May 03, 2024: US$417 mfbmThe Madison’s Lumber Prices Index for the week ending may 03, 2024 is: US$417 mfbm The Madison’s Lumber Prices Index for the week ending May 03, 2024 is: US$417 mfbmThis is down by -4%, or -$16, from the previous week when it was US$433. For information regarding the construction of this Index (species mix, weighed…
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Lumber Market Update: April End 2024
Read more: Lumber Market Update: April End 2024Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 26, 2024, the price of Western…
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Low Sales Volumes Bring Drop in Lumber Prices
Read more: Low Sales Volumes Bring Drop in Lumber PricesIn yet another departure to what would historically be considered “normal” seasonal trend cycle, lumber prices dropped — by quite a bit — in the middle of April 2024. Producers especially had done what they could to keep prices up, specifically by keeping manufacturing volumes lower in the face of this ongoing soft demand. However,…
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Madison’s Lumber Prices Index April 26, 2024: US$433 mfbm
Read more: Madison’s Lumber Prices Index April 26, 2024: US$433 mfbmThe Madison’s Lumber Prices Index for the week ending april 26, 2024 is: US$433 mfbm The Madison’s Lumber Prices Index for the week ending April 26, 2024 is: US$433 mfbmThis is down by -2.5%, or -$11, from the previous week when it was US$444. For information regarding the construction of this Index (species mix, weighed…
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US Housing Market and Lumber Prices Update: April 2024
Read more: US Housing Market and Lumber Prices Update: April 2024The decrease in US housing starts for March marks the biggest drop in total starts since the beginning of the pandemic in April 2020. However, revisions to the two prior months added roughly 29,000 units to the previously reported tallies. Madison’s Lumber Prices Index April & US Housing Starts March: 2024 The Madison’s Lumber Prices…
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Stagnant Lumber Market Keeps Prices Flat
Read more: Stagnant Lumber Market Keeps Prices FlatAs mid-April arrived it seemed like the recent practice of customers holding off buying volumes of wood, making purchases for immediate needs only, was becoming an entrenched habit. Historically at this time of year the seasonal stocking up of lumber inventory would be well underway. However, given the late end to winter and recent harsh…
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Madison’s Lumber Prices Index April 19, 2024: US$444 mfbm
Read more: Madison’s Lumber Prices Index April 19, 2024: US$444 mfbmThe Madison’s Lumber Prices Index for the week ending april 19, 2024 is: US$444 mfbm The Madison’s Lumber Prices Index for the week ending April 19, 2024 is: US$444 mfbmThis is down by -8%, or -$37, from the previous week when it was US$481. For information regarding the construction of this Index (species mix, weighed…
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Softwood Lumber Prices: Market Dynamics
Read more: Softwood Lumber Prices: Market DynamicsGain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Gain deep understanding of the market dynamics between the three main…
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