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Plywood Prices’ Major Surge While Most Softwood Lumber Prices Moderate

Plywood Prices’ Major Surge While Most Softwood Lumber Prices Moderate

As described by Madison’s on June 6, “Wood Panel Prices Will Provide Indication of Remaining Summer Lumber Demand”. There are much fewer producers of this essential building material than there are regular sawmills of North American construction framing dimension softwood lumber. As well, input costs for wood panel products are much higher. A spike in demand, whether for immediate repair needs or longer-term rebuilding, for Plywood and Oriented Strand Board (OSB) always causes a surge in price. Meanwhile, in dimension…

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Madison’s Weekly Softwood Lumber Prices

Madison’s Weekly Softwood Lumber Prices

Prices updated June 23, 2020 (CLICK TABLE TO ENLARGE) Key comment: “Following a comparatively quiet digestion period the previous week, lumber and plywood demand went bananas while that for Oriented Strand Board was flat.”

Potential Relief for AR1 Non-Applicants: US Softwood Lumber Duty Adjustment

Potential Relief for AR1 Non-Applicants: US Softwood Lumber Duty Adjustment

A phone call from a Canadian sawmill last week made Madison’s think that perhaps this is very useful information that some may not have received. In particular please note this:Unless were are incorrect, we believe it has been the “general” understanding that if your company did not apply for the Administrative Review, and if your company is not included on the attached list, your entries were ordered to be liquidated at the previous Final All Other Case (C-122-858-000) CVD rate…

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Madison’s Western S-P-F Lumber Prices June 19: sneak preview

Madison’s Western S-P-F Lumber Prices June 19: sneak preview

The full Madison’s Lumber Reporter North America softwood lumber price list was updated as usual first thing this morning (Friday) Eastern time. Here is a SNEAK PEAK at benchmark Western Spruce-Pine-Fir (WSPF) prices: Recovering well from big drops in April and May, for the week ending June 19, 2020, the wholesaler price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr was US$394 mfbm, an increase of +$16, or +4%, from last week when it was US$378. This week’s…

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BC Forest Practices Board

BC Forest Practices Board

Seeking Manager of Special Projects June 11, 2020 The BC Forest Practices Board is searching for a dynamic professional to lead a broad range of projects through all phases of the project management life cycle. As the Manager of Special Projects, you thrive on objectively analyzing forestry issues of public importance, and enjoy working in a small, cohesive organization with a reputation for constructively promoting sound forest and range management. Connect with the Forest Practices Board: Website | Facebook | Twitter

Softwood Lumber Prices June & US Housing Starts May: 2020

Softwood Lumber Prices June & US Housing Starts May: 2020

The USA purchases approximately 65% of Canadian lumber production mostly for construction framing, while Canadian buyers account for about 10%, and those in Japan take 6%.However: US and Canadian customers purchase mostly standard grades (#2&Btr), while Japan buys almost exclusively premium or “appearance” grades (J-grade) which sells for quite a bit more than standard grade does. US Housing Total Starts May 2020 & Benchmark Softwood Lumber Prices June 2020 For the week ending June 12, 2020, prices of most standard…

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Softwood Lumber Prices Stabilize Even as Inventories Remain Weak

Softwood Lumber Prices Stabilize Even as Inventories Remain Weak

After a wild ride down then up over the past few months, most standard construction framing dimension softwood lumber prices stabilized last week, to levels both producers and customers are comfortable with. Inventories remain spotty as sawmill production is still constrained and buyers continue to look for highly specified loads only.Purveyors of Western Spruce-Pine-Fir commodities in the United States described last week as similar to the previous one as most customers had their near-term needs covered and continued to be…

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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: FEB 2020

North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: FEB 2020

For the first two months of 2020 softwood lumber production in the US continued improvements compared to one-year-ago, to increase even more, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. For January and February 2020 US lumber production volume increased by +5% to 6,163 mfbm compared to the first two months of 2019 when it was 5,862 mfbm. Comparing February to the previous month however, there was a -10% drop in US softwood lumber production…

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Canada New Home Sales: May 2020

Canada New Home Sales: May 2020

Home sales recorded over Canadian MLS® Systems rebounded by a record 57% in May 2020; although, that is as a percentage of the weakest month of April on record. As such, the May gain constituted a return of only a third of the activity lost between February and April, and the May 2020 sales figure was still the lowest level for that month since the mid-1990s. Real estate transactions were up on a m-o-m basis across the country. Among Canada’s…

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