PRICES REFLECT August 4, 2017 ISSUE OF MADISON’S LUMBER REPORTER
Kiln Dried Fir Easing Off
• While sales activity did noticeably “ease off ” this week according to traders, Kiln-Dried Douglas-fir lumber was still the subject of feverish demand. Some buyers were off on vacation while others just held off buying, with their meager inventories to see whether some mild price corrections may come of the imminent duty-free period.
• A contingent of dry fir mills remained o market this week, continuing to focus their efforts on procuring enough raw logs to keep customers fed. Order files ranged from one-to-four weeks out, dependent on mill and commodity. Producers continued to be “in the driver’s seat”.
• Transportation was only mildly irritating in some regions while in others it was “maddening”. Certain rail lines were slow and unreliable, and trucking was very “hit or miss”.
• One veteran seller of Western- Spruce-Pine-Fir stud lumber described a “significant improvement” in total sales volumes over last week. Order files were two-to- three weeks out by design; producers didn’t want to get “too far out” while log supply continued to be such a harrowing question mark.
• Demand for industrial stud items was “very hot”, including any 2×3, 1×3 or 1×4 lengths in both high and low grades. Demand for 2×4 and 2×6 economy studs was also “solid”.
• Inventories were “average-to-low” at all levels. “Low” tended to be the state of buyer stocks, with many customers closer to “depleted”.
• Many evacuees in interior British Columbia returned home this week but were still on high alert. Hot and dry weather persisted in most of the province, with little sign of changing anytime soon.