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Softwood Lumber Prices Fall More Slowly or Remain Steady
Read more: Softwood Lumber Prices Fall More Slowly or Remain SteadyMADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Prices of most solid wood products stabilized last week.” Prices updated April 22, 2020 (CLICK TABLE TO ENLARGE)
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Softwood Lumber Prices Apr 2020 & US Housing Starts March 2020
Read more: Softwood Lumber Prices Apr 2020 & US Housing Starts March 2020Despite drops from last month, housing starts and building permitting activity in the US are still occurring at a faster pace than one year ago. In week ending April 10, 2020, benchmark Western Spruce-Pine-Fir 2×4 prices were US$310 mfbm (net FOB sawmill), unchanged from the previous week said North American weekly lumber price newsletter Madison’s…
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Madison’s Extends Data Coverage …. New Prices Added
Read more: Madison’s Extends Data Coverage …. New Prices AddedJan – April 2020 *new* North American construction framing dimension softwood lumber price data, this year added to our weekly coverage: Shortly, within a few weeks, this additional data will be available on our online tool along with all 440 individual lumber and panel commodity prices currently accessed by Madison’s subscribers. To view the historical softwood lumber…
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Western S-P-F Softwood Lumber Prices: Apr 17, 2020
Read more: Western S-P-F Softwood Lumber Prices: Apr 17, 2020Below is a PREVIEW of Madison’s Lumber Reporter print tomorrow (Friday) morning on benchmark construction framing dimension softwood lumber priceWestern Spruce-Pine-Fir KD #2&Btr 2×4 to 2×12 (US$ mfbm, net FOB sawmill):
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Softwood Lumber Prices Moderate as Market Adjusts
Read more: Softwood Lumber Prices Moderate as Market AdjustsThe recent changes, disruption if you will, to the supply-demand balance of North American construction framing softwood lumber and panel products have worked their way through the market. Last week customers came back to suppliers with higher-volume orders than in recent weeks. This provided sawmills the ability to hold steady on prices for benchmark Western…
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Madison’s Weekly Softwood Lumber Prices: April 10, 2020
Read more: Madison’s Weekly Softwood Lumber Prices: April 10, 2020Western Spruce-Pine-Fir prices flattened out following sweeping sawmill curtailments; plywood prices were flat while Oriented Strand Board prices slid further down.
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North America Rail Traffic, Lumber: Jan – April 2020
Read more: North America Rail Traffic, Lumber: Jan – April 2020The Association of American Railroads (AAR) reported yesterday U.S. rail traffic for the week ended April 4, 2020.For the week ended April 4, total U.S. weekly rail traffic was 429,095 carloads and intermodal units, down -15.9% compared with the same week last year. Total carloads for that week were 210,911 carloads, down -16.2% compared with…
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Madison’s Weekly Softwood Lumber Price Graphs: April 3, 2020
Read more: Madison’s Weekly Softwood Lumber Price Graphs: April 3, 2020Western SPF: USA Tumble The economic repercussions of COVID-19 continued to unfold last week as Western Spruce-Pine-Fir purveyors in the US had a hard time securing consistent sales at anything other than crazy prices. Suppliers had wildly variable inventories of on-ground stock and spot-counters of up to $50 per thousand were not uncommon. Sawmill order…
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Softwood Lumber Producer Prices Range Widely
Read more: Softwood Lumber Producer Prices Range WidelyNorth American softwood lumber sawmills sold wood at a wide range of prices last week, as some refused to go lower than their price lists while others just took whatever offers they could get from reluctant buyers. Strangely, demand was not abated. It was, however, again only for highly-specified loads to fill orders wholesalers and…
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Madison’s Weekly Softwood Lumber Price Snippet Update
Read more: Madison’s Weekly Softwood Lumber Price Snippet UpdateNorth American softwood lumber industry players had trouble finding business, determining volatile price levels, and shipping product, as the market tumbled further. — Madison’s Lumber Reporter
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This Week: Madison’s 12-year Anniversary Under Third Owner
Read more: This Week: Madison’s 12-year Anniversary Under Third OwnerTwelve years ago this week Madison’s Lumber Reporter’s second owner, Laurence Cater (Laurie) retired and I took over ownership of the company. Peter Madison started the weekly North American construction framing dimension softwood lumber price newsletter in Sept 1952, then Laurie bought it from Peter in 1973 and the two worked together for five years.…
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US Home Building, General Economy
Read more: US Home Building, General EconomyAn excellent article out of the US National Association of Home Builders this morning demonstrates well what Madison’s has been saying regarding the importance of home building and home sales for the US macroeconomy. The share of real estate activity in US GDP alone provides a strong basis to this analysis: How US Home Building…
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US Housing Starts Feb 2020 vs Softwood Lumber Prices
Read more: US Housing Starts Feb 2020 vs Softwood Lumber PricesA recent headline from Metal Miner magazine declares, “U.S. Housing Starts Surge More Than +39% Year-Over-Year in February 2020,” while — describing the same data — Reuters says, “U.S. Housing Starts Fall Less Than Expected in February 2020.” Who to believe? Well, both.Housing starts in the US dropped -1.5% in February 2020, pulled down by…
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North American Softwood Lumber Supply Inconsistent as Demand Wavers
Read more: North American Softwood Lumber Supply Inconsistent as Demand WaversSawmill operators across Canada and the US chopped softwood lumber prices last week (03/30/20) by a wide margin in response to: wavering demand; both surpluses and shortages with supply (depending on who was being asked for which commodity); and, yet more transportation issues than the previous week. A two-tiered market was in full force, as…
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Madison’s Weekly Softwood Lumber Prices: March 27, 2020
Read more: Madison’s Weekly Softwood Lumber Prices: March 27, 2020North American construction framing softwood lumber prices of most commodities (US$ per mfbm, net FOB sawmill) continued dropping last week amid the ongoing COVID-19 pandemic. — Madison’s Lumber Reporter Weekly North America #Softwood #Lumber Prices: Movers and Shakers In week ending March 27, 2020, the price of benchmark softwood lumber commodity Western Spruce-Pine-Fir 2×4 #2&Btr…
