MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT:
Key comment: “Prices on virtually every solid wood commodity continued to rise; logistical concerns dominated the conversation.”
Prices reflect week of January 7, 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
Lumber Market and Prices: Jan 2022, Week 3
Continued strong demand combined with restricted supply pushed prices yet higher, so in the week ending January 14, 2022 the price of benchmark lumber item Western S-P-F 2×4 #2&Btr KD (RL) rose by +$70 or +6% to US$1,170 mfbm, from $1,100 the previous week, said forest products industry price guide newsletter Madison’s Lumber Reporter. That […]
Mid-January 2022 Softwood Lumber Prices Rise Further
Unusual for the time of year but a surprise to no one, lumber prices rose further in the second week of January. Ongoing momentum of strong demand from the end of 2021 combined with significant supply constraints, most notably from the northwest especially British Columbia, served to keep prices high. Transportation issues throughout the supply […]
US Housing Starts December 2021 and Softwood Lumber Prices January 2022
Transportation issues throughout the supply chain caused a feeling of panic among softwood lumber buyers, as the usual 6-week delivery time turned into 2-months or longer. Frustration reigned with customers as the location of wood previously ordered was unknown. This problem with deliveries is due to a series of very powerful storms and massive flooding […]
Softwood Lumber Prices Pop Up to Begin 2022
Continuing significant lumber sales volumes and ongoing constraints with supply, particularly in transportation, served to drive most construction framing dimension softwood lumber prices higher in the first week of 2022. It seemed like building activity has not taken a breather for the past year and a half, as housing starts in the US and Canada […]
Sawmill Lumber Producer Online Directory Listings
Madison’s Directory / Lumber Blue Book Demo See firsthand how the combination of Madison’s Lumber Directory and Lumber Blue Book online sawmill listing can help you mine prospects throughout the lumber supply chain, or to plan investment strategies in the dimension lumber manufacturing and forestry timber industries. The combined dataset contains over 23,000 headquarter listings […]
North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: October 2021
Following on the heels of the previous month, for January to October 2021 softwood lumber production volumes across North America were close to the levels of the same time in 2020. Sawmill capacity utilization rates in the United States were relatively stable while those in Canada continued the incremental improvements of most of the year. […]
Softwood Lumber Prices Surge: Year-End 2021
A huge disruption to transportation for most of November from the critical lumber producing basket of the British Columbia interior, euphemistically referred to as “sawmill country”, caused a supply crunch for wood products which the market is currently still working out. Of all construction framing lumber in the US at any time, approximately 14% comes […]
US Housing Starts November and Softwood Lumber Prices December: 2021
A huge disruption to transportation for most of November from the critical lumber producing basket of the British Columbia interior, euphemistically referred to as “sawmill country”, caused a supply crunch for wood products which the market is currently still working out. Of all construction framing lumber in the US at any time, approximately 14% comes […]
Madison’s BC Coast Log Price Report: Nov 2021
Lumber Prices November and US Housing Starts October: 2021 It is expected that next week the US Department of Commerce will announce the usual annual adjustment to the softwood lumber duty on Canadian forest products entering the US, the Administrative Review. According the a previous announcement early this year, the duty will be increased to […]
Madison’s Heating Wood Pellet Price Report: Oct 2021
Government of India Mandating Thermal Power Plants Use Biomass In an effort to decrease stubble burning by farmers, India’s Ministry of Power has mandated that all thermal power plants burn a blend of agricultural residues and coal. The states of Haryana, Punjab, and Uttar Pradesh, along with the country’s largest power utility, NTPC, are consequently […]