MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT:
Key comment: “Sales of panels were particularly rough as market malaise and price drops persisted across all commodity groups.”
Prices reflect week of June 10, 2022 (CLICK TABLE TO ENLARGE)
Weekly North America #Softwood #Lumber Benchmark Prices
All prices are net FOB mill in U.S. dollars per 1,000 board feet unless otherwise noted. * denotes Canadian dollars per 1,000 square feet Green = not dried KD = kiln dried PET = precision end trim R/L = random lengths SPF = Spruce-Pine-Fir Std&Btr = standard & better (a grade)
SOFTWOOD LUMBER INDUSTRY MARKET PRICES, NEWS AND INFORMATION
Housing Starts May and Lumber Prices June: 2022
New home building and permits for the first five months of this year are up compared to January to May of 2021. While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021. […]
Many Lumber Prices Flat as Ongoing Delivery Delays Resolved
After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance seemed to have been reached. Over the past two years as the lumber market reacted to big changes in external conditions, there was never-before-seen high price levels and volatility. It looks like the […]
Lumber Prices and Market Update: June 2022
REQUEST A SAMPLE: https://madisonsreport.com/subscribe/ In the week ending June 17, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$535 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by $-125, or -19%, from the previous week when it was US$660 mfbm. That week’s price is down by -$410, […]
US Housing Starts May and Softwood Lumber Prices June: 2022
While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021. After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance […]
Madison’s WSPF Softwood Lumber Prices June 16, 2022
Here is a mini-snapshot SNEAK PEAK at tomorrow’s Madison’s Lumber Reporter print for benchmark WSPF R/L North American construction framing softwood lumber prices: Madison’s is your premiere source for North America home building construction framing softwood lumber news, prices, industry insight, and industry contacts. We have a variety of products to meet your information needs. […]
Prices of Lumber Level Off for Building Season
As usual for this time of year, most large home builders and construction companies have received the wood needed for their projects, and lumber prices start dropping. It was this week last year when lumber prices reached previously never-imaginable highs and stayed that way for a few weeks before tumbling way back down, to the […]
North America Sawmill Capacity Utilization, WWPA: March 2022
After severe drops in mid-2021 and again at the end of last year, Canadian sawmill capacity utilization rates continued recovering in March 2022. US sawmill production as a per cent of practical capacity for March 2022 dropped to 83%, compared to the same month last year when it was 85%, said the Western Wood Products […]
Lumber Prices Continue Slide in Seasonal Buying Decline
A normal drop in orders for this time of year lead to sharp decreases in lumber prices. Recent sawmill curtailments — due to severe delivery delays and ongoing logistics problems — notwithstanding, lumber supply and inventories in the field increased to more healthy levels. Thus customers were in a better negotiating position than the past […]
Madison’s BC Coast Log prices: March 2022
At this time last year lumber prices started their skyrocket to absolutely unprecedented highs, where they stayed for a few weeks then fell way back down to the lows of 2019. For more details about the full report click here:https://madisonsreport.com/bc-coastal-log-prices/ This year those wild swings seem to be getting worked out, with lower highs and higher lows, […]
Lumber Prices Drop During Usual Seasonal Buying Slowdown
As recent supply-demand imbalance worked out, and for the usual time of year when buying slows, prices of most softwood lumber and panel commodities dropped significantly in the third week of May. Interestingly, this correlates almost exactly to where prices were at the end of June last year … both in trendline at actual price […]