Madison’s Weekly Key Softwood Lumber Price Graphs: November 13, 2018

Madison’s Weekly Key Softwood Lumber Price Graphs: November 13, 2018

PRICES REFLECT November 9, 2018 ISSUE OF MADISON’S LUMBER REPORTER

BENCHMARK 2×4 Kiln Dried R/L #Construction #Framing #North #American #Softwood #Lumber and Panel Prices Graphs: November 9, 2018

Western Spruce-Pine-Fir: USA Improvement

SOURCE: Madison’s Lumber Reporter www.madisonsreport.com
  • With sawmill order files now comfortably into late November and knocking on December’s door, WSPF mills in the United States were in a “good position” when everyone took off on Tuesday to Chicago, IL, for the 2018 North American Wholesale Lumbermen’s Association (NAWLA) convention.
  • Most buyers covered at least their immediate needs on Monday or late last week, so even as sales volumes pulled back from Tuesday-on players at all levels were more optimistic about the market than they have been in weeks.

Western Spruce-Pine-Fir: Canada Promising

  • Western SPF producers in Canada expected this week to be quieter with the NAWLA convention going on, but sales activity “perked up” noticeably from last week.
  • Business was steady enough that sawmills were able to extend their order files out to the week of December 3rd on 2×4 #2&btr R/L, while nearly everything else was available no sooner than November 26th.
  • Fibre supply was solid as harvesting crews continued to run “full bore”, while transportation took a “brutal” turn this week as car supply was especially poor for WSPF mills in Alberta.
  • The Interior Forest Labour Relations Association and United Steelworkers union representing 3,500 forestry workers in British Columbia’s Kamloops region have temporarily avoided labour action following a 72-hour strike notice issued by the union on Wednesday of last week.
SOURCE: Madison’s Lumber Reporter www.madisonsreport.com

 




Standard Construction Framing North American Dimension Softwood Lumber and Panel Prices: Wholesale Price November 9, 2018 (net FOB mill North America)

Kiln-Dried Fir Recess

SOURCE: Madison’s Lumber Reporter www.madisonsreport.com
  • After finally hitting a price bottom on most commodities last week, Kiln-Dried Douglas-fir lumber and studs “took a breather” this week according to traders. Boatloads of players were away from their desks starting Tuesday to attend this year’s NAWLA convention, and those who stayed behind to tend to the phones described an “understandably quiet” week.
  • Still, sales activity “wasn’t bad” as many buyers who had been waiting to pick the bottom finally decided to shore up their alarmingly-depleted inventories.
  • Sawmills were booked out to “at least the end of November”, and expected to push into early December in short order on more popular items. While fibre supply and transportation were fine for the time being, players voiced their concern over niggling car supply problems snowballing before long.

Southern Yellow Pine Bounces Back

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