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Ongoing Soft Demand Brings Dip in Lumber Prices
June dawned without the usual increase in spring demand for construction framing dimension softwood lumber, thus sellers were no longer able to hold on to the recent steady asking prices. Warnings from suppliers about extremely weak field inventories and the possibility of shortages should sales volumes increase suddenly fell on deaf ears. Customers remained extremely…
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Madison’s Lumber Prices Index June 14, 2024: US$413 mfbm
The Madison’s Lumber Prices Index for the week ending june 14, 2024 is: US$413 mfbm The Madison’s Lumber Prices Index for the week ending June 14, 2024 is: US$413 mfbmThis is down -1%, or -$5, from the previous week when it was US$418. For information regarding the construction of this Index (species mix, weighed averages)…
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Uninspiring Demand Keeps Lumber Prices Flat
As May 2024 ended and true summer arrived, the usual seasonal increase in lumber sales volumes did not materialize. This meant lumber prices stayed generally flat to where they had been in the past month. Demand remained relegated strictly to immediate needs only; customers stuck to their now long-term habit of buying only the wood…
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Lumber Prices Remain Flat on Balanced Supply & Demand
For this book-end holiday week in Canada and the US, it is a time of year when players can usually get a gauge of how the construction framing dimension softwood lumber market is going to look as the real home building season comes on. From the way lumber sales are going, things are definitely flat.…
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Madison’s Lumber Prices Index May 31, 2024: US$417 mfbm
The Madison’s Lumber Prices Index for the week ending may 31, 2024 is: US$417 mfbm The Madison’s Lumber Prices Index for the week ending May 31, 2024 is: US$417 mfbmThis is flat from the previous week when it was US$417. For information regarding the construction of this Index (species mix, weighed averages) please go here:…
