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Softwood Lumber Market Update: May 2023
view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for mid-May 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending May 12, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$360 mfbm,…
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Ongoing Soft Demand Keeps Lumber Prices Stable
May dawned to witness no particular increase in lumber demand. Supply remained good as sawmills had plenty of inventory on hand. Customer inquiries did improve, as is normal for the time of year, but was still along the levels of the past winter. Players wondered when ever would the spring construction season materialize for 2023.…
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Madison’s Lumber Prices Index: May 12, 2023
The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbm The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbmThis is down by -1.04%, or -$4.05, from the previous week when it was US$392.5 Interestingly, this week matches exactly with the same week in 2020.…
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Lumber Demand Remains Soft for the Time of Year
As April waned, the usual spring buying of construction framing softwood lumber had not yet materialized. Suppliers had plenty of inventory on hand for customers who continued to only order wood for immediate needs. As such, supply remained quite ahead of demand. Even as the days got progressively longer and the weather improved, there did…
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Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making
Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making Madison’s Lumber Reporter, your premiere source for weekly softwood lumber prices and market commentary since 1952, is overjoyed to announce the brand new Madison’s Lumber Prices Index.
