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Softwood Lumber Prices Stabilize Compared to the Previous Week
It was this week last year that construction framing dimension softwood lumber prices began their climb to the previously never seen, unbelievable historical highs. These remained for barely a few weeks before dropping, over a 6-month period, back way down to 2019 levels. This year that seeming peak might have been passed, and the drop…
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US Housing Starts March, Lumber Prices: Apr 2022
Total housing starts in the US for March 2022 increased by +0.3% from February, to a seasonally adjusted annual rate of 1.793 million units. This is an almost +4% improvement from the same month one year ago, when it was 1.725 million. Meanwhile, March permits for future homebuilding were also almost flat, up +0.4% from…
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US Housing Starts March and Softwood Lumber Prices April: 2022
For the moment it seems the North American construction framing dimension softwood lumber market has found a supply-demand balance, as the benchmark price drops slightly but many others remain flat. Benchmark Softwood Lumber Prices April & US Housing Starts March: 2022 In the week following Easter, which is a big-deal holiday in Canada, sawmills and…
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Delivery Delays Drop Lumber Prices Further
As with the middle of 4Q last year, North American construction framing softwood lumber prices for the week of April 1, 2022 hit almost exactly the level of one year ago. However, last year prices were starting a major crest upward to previous impossible record-level highs. While this year they are dropping. Demand remains quite…
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British Columbia Coast Log Prices: Jan 2022
North America Lumber Production, Sawmill Capacity Utilization: Full-Year 2021 Full-year 2021 softwood lumber production in the US rose by +0.7% from the previous year, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. Due to the British Columbia railway and highway washouts and mudslides in November, Canadian lumber production and capacity utilization rates…
