-
Short Week In Canada Kept Pressure Up for Higher Lumber Prices
A persistent lack of stable supply together with ongoing hot demand served to keep western Canadian dimension framing softwood lumber prices high, even as many other species/regions experienced price drops this week. In support of the WSPF R/L price resistance to softening was erratic straight lengths (or specified lengths) prices, most sizes of which flew…
-
Lumber Market Waffles on Price Points as Sales Take a Pause
Last week some sources found that lumber prices were still inching up. Others said sawmills were holding firm on price lists as they worked through extended order files, while wholesalers and secondary suppliers offered discounts to move wood. Lumber futures were soft, with brisk trading of the May contract on moderate volumes. In reality there…
-
Japan Housing Starts: December 2017
According to a report released by Japan’s Ministry of Land, Infrastructure, Transport and Tourism on January 31st, Japan’s housing starts in December 2017 were 76,751 units (down -2.1 per cent from the same month in the previous year), falling below the previous year’s results for six consecutive months, according to the Japan Lumber Journal Thursday.…
-
Lumber Prices on a Runaway as Supply Continues Tenuous
A runaway lumber sales market surprised even Madison’s last week as Friday morning lumber futures on the Chicago Mercantile Exchange were cresting toward up-limit on the March contract, wavering at $480 but on small volumes. Actual support for lumber prices is definitely coming from the cash market, where under- stocked customers just keep coming back…
-
North America Sawmill Capacity, Production: October 2017
US sawmills produced 28.638 billion board ft. (bbf) of softwood lumber in the first ten months of 2017, another 4.3 per cent increase over last month, from 27.446 bbf from January to October the previous year, according to the Western Wood Products Association’s latest Lumber Track report Wednesday. CANADA AND US LUMBER PRODUCTION, SAWMILL CAPACITY:…
