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Tag: lumber trade

  • Looming US Thanksgiving Holiday Brings Usual Seasonal Slowdown

    Even as persistent low lumber supply and depleted inventories continued, the upcoming US Thanksgiving holiday brought the usual seasonal slowdown in purchasing. As sellers and buyers both prepared to head out for the extended long weekend, sales of construction framing dimension softwood lumber remained for immediate needs only. Some prices perked up slightly, as was…

  • Madison’s Lumber Prices Index Nov 29, 2024: US$504 mfbm

    The Madison’s Lumber Prices Index for the week ending november 29, 2024 is: US$504 mfbM The Madison’s Lumber Prices Index for the week ending November 29, 2024 is: US$504 mfbmThis is down -0%, or -$1, from the previous week when it was US$505.This is up +5%, or +$23, from one month ago when it was…

  • Lumber Supply-Demand Balance Potentially Achieved

    After a somewhat rush of demand in recent weeks, sales of most North America construction framing dimension softwood lumber items slowed slightly into mid-November. Due to ongoing restricted supply, prices continued their upward trend of the past month or so. Producers looked toward the usual seasonal Holiday downtime as they made their manufacturing plans to…

  • Madison’s Lumber Prices Index Nov 22, 2024: US$505 mfbm

    The Madison’s Lumber Prices Index for the week ending november 22, 2024 is: US$505 mfbM The Madison’s Lumber Prices Index for the week ending November 22, 2024 is: US$505 mfbmThis is up +2%, or +$10, from the previous week when it was US$495.This is up +9%, or +$41, from one month ago when it was…

  • US Housing Market and Lumber Prices Update: November 2024

    Single-family starts in the US dropped in October likely as Hurricanes Helene and Milton depressed activity in the South. Meanwhile, permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates. The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%,…