PRICES REFLECT March 9, 2018 ISSUE OF MADISON’S LUMBER REPORTER
Kiln Dried Fir Pause
- Traders of Kiln-Dried Douglas fir lumber were “not surprised” to see some downward adjustments in pricing this week after a good month or two of beyond-record-breaking levels. Sales activity was still brisk even during this week of digestion; buyers have “a lot of business” on their books and the need for lumber was palpable and consistent. Log prices were “steady”, and traders saw some Doug fir fibre initially slated for export staying in the US as domestic rates were currently better than returns from the export market.
- As has been the case for months now, transportation was the main challenge players had to face in the lumber market this week. US shipping times and equipment availability improved tangibly this week, with shipments only running around two weeks late on average. Canadian conveyance took anywhere from two-to-five weeks, with closer to five being more common.
Standard Construction Framing North American Dimension Softwood Lumber and Panel Prices: Wholesale Price Mar 12, 2018 (net FOB mill North America)
Green Douglas Fir Toppy
- While sawmills still have two-to-four week order files, players felt that the green fir market had “topped out” this week. Nine-foot studs shot up in price this week thanks to steady demand and a persistent lack of supply, while eight-footers – especially 2×6-8’s – were summed up by one veteran: “nobody needs ‘em”.
Douglas fir green 2×4 KD 2×4 #2&Btr Construction Framing Softwood Lumber Prices Graph: March 12, 2018
Madison’s Weekly Key Softwood Lumber and Panel Prices Chart: Wholesale Softwood Lumber Prices MARCH 12, 2018