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Labour Day Long Weekend Provides No Boost to Lumber Sales
The enduring extremely low inventory levels of lumber throughout the supply chain served to raise prices somewhat after the seasonal turning-point of Labour Day, but demand remained tepid at best. Into the beginning of September the benchmark lumber commodity WSPF 2×4 price approached quite close to the same week last year, potentially providing indication of…
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Forestry and Lumber Market: Sept 2024 (video)
Explanation of current market conditions including details of why prices are where they are. Deeper dive into the supply-demand situation and what is happening operationally at the sawmills, to provide a forward look at expectations. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates.The lumber market is seeing a notable…
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Madison’s Lumber Prices Index Sept 13, 2024: US$438 mfbm
The Madison’s Lumber Prices Index for the week ending september 13, 2024 is: US$438 mfbm The Madison’s Lumber Prices Index for the week ending September 13, 2024 is: US$438 mfbmThis is up +1%, or +$4, from the previous week when it was US$434.This is up +2%, or +$8, from one month ago when it was…
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Lumber Market Update: Early Sept 2024 (video)
Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending Sept 6, 2024, the price of Western…
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Lumber Supply-Demand Balanced as Labour Day Approaches
Historically Labour Day has been a marker of how robust is demand for construction framing dimension softwood lumber. In times of a weak market, following this long weekend demand has been soft and prices have fallen. During times of ongoing new home building activity, demand has been strong and prices stay flat or might even…
