Gain deep understanding of the market dynamics between the two main construction softwood panel prices produced and sold across North America: oriented strand board and plywood. In the week ending May 10, 2024, the price of Oriented Strand Board – 7/16″ – Ontario was C$590 / msf. This is down -$70, or -11%, from the…

At a time of year when home building and construction is usually going strong, this year that has not yet materialized. As such, lumber sales have not picked up from the end of winter. After succeeding in holding prices flat, mostly due to significant sawmill curtailments and downtime, in the past two weeks the producers…

Gain 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. In the week ending May 10, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$383 mfbm which is flat from the previous…

Ruling 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

In 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…

Gain 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…

In 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,…

The 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…

As 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…

Gain 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…

Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. At the beginning of April lumber sales volumes remained quite low, especially when considered historically for the time of year. Usually as the spring season comes on demand for wood framing materials…