Tag: NYSE: WY

July 16, 2021 — Softwood lumber prices in mid-July 2021 touched exactly where they were one year ago, except last year they were moving up and this year they were moving down: Following a brief lull at a level US$760 mfbm for two weeks, in the week ending July 16, 2021 the wholesaler price of…

MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “The market continued to search for a tradable bottom as most buyers held off for another week.”  https://madisonsreport.com Prices reflect week of July 16, 2021 (CLICK TABLE TO ENLARGE)

Is the construction home building wood panel (Oriented Strand Board (OSB) and Plywood) supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often. Compared to the price one-month-ago, when it was C$1,539 msf, for the week ending July 16, 2021, the price of Canadian Softwood Plywood Toronto 9.5mm was…

Is the softwood lumber supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often: SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Compared to the price one-year-ago, when it was US$554 mfbm, for the week ending July 16, 2021, the price of Western S-P-F KD 2×4 was up by +$1. Madison’s Products: https://madisonsreport.com/products/

US housing starts for June 2021 jumped +6.3% compared to May, at a seasonally adjusted annual rate of 1.643 million. This is the highest in three months amid strong demand from buyers, elevated materials costs, and a shortage of qualified workers. US Housing Total and 1-Unit Starts June & Benchmark Softwood Lumber Prices July: 2021…