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Lumber Prices Bounce on Equitable Supply-Demand Balance
The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials. Indeed, so successful that prices bounced almost back up to the levels of the week prior. While sales volumes still were not optimal, looming seasonal curtailments motivated somewhat reluctant customers to pull the trigger and buy. That…
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Madison’s Sawmill Curtailment Lookout: June 2022
We hope you enjoy the very important timely information inside!This update is related to the fabulous Madison’s Lumber Directory, currently available with our good friends at Lumber Blue Book. Your trusted source for weekly softwood lumber prices and market updates, Madison’s Lumber Reporter, has launched something new: the monthly Madison’s Sawmill Curtailment Lookout. As a new product, we will be…
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Housing Starts May and Lumber Prices June: 2022
New home building and permits for the first five months of this year are up compared to January to May of 2021. While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021.…
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Many Lumber Prices Flat as Ongoing Delivery Delays Resolved
After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance seemed to have been reached. Over the past two years as the lumber market reacted to big changes in external conditions, there was never-before-seen high price levels and volatility. It looks like the…
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Lumber Prices and Market Update: June 2022
REQUEST A SAMPLE: https://madisonsreport.com/subscribe/ In the week ending June 17, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$535 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by $-125, or -19%, from the previous week when it was US$660 mfbm. That week’s price is down by -$410,…
