Madison’s Weekly Softwood Lumber Price Graphs: July 17, 2017

Madison’s Weekly Softwood Lumber Price Graphs: July 17, 2017

PRICES REFLECT July 14, 2017 ISSUE OF MADISON’S LUMBER REPORTER

Kiln Dried Fir Scarce

  • With much of the Pacific Northwest beset by raging forest res, the extraction of Douglas-fir fibre from forestlands has gotten even more challenging recently. Some sawmills that normally run kiln dried Douglas-fir lumber had already switched to 100 per cent hem/fir prior to this devastating spate of fires, and traders couldn’t help but reiterate the scarcity of KD Douglas-fir. Especially that of wider dimensions; those items are hard enough to produce consistently even when harvesting conditions are just right.
  • Demand did not flag one iota, according to dry fir sellers. Finding the wood and shipping it in a timely manner was a “huge challenge” for suppliers of KD fir. Rail cars were anywhere from “decent” to “unreliable”, depending on the line.

SOURCE: Madison’s Lumber Reporter www.madisonsreport.com

Oriented Strand Board and Plywood

  • “All hell broke loose” this week in Eastern Canadian panel trading. Buyers scrambled to buy whatever they could as prices continued to vault up on plywood. Anyone who had plywood on the ground was charging “absurd numbers” and getting orders with alacrity. 7/16″ OSB experienced a “push” of demand and follow-through as some folks tentatively switched from plywood to avoid paying exorbitant levels.
  • Secondary suppliers of WSPF plywood changed their prices “two-to- three times per day”, and anything that came in was sold and sent out almost immediately. Demand for OSB was “less crazy” but still garnering plenty of demand.

SOURCE: Madison’s Lumber Reporter www.madisonsreport.com
SOURCE: Madison’s Lumber Reporter www.madisonsreport.com