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Softwood Lumber Prices Moderate as Market Adjusts
The recent changes, disruption if you will, to the supply-demand balance of North American construction framing softwood lumber and panel products have worked their way through the market. Last week customers came back to suppliers with higher-volume orders than in recent weeks. This provided sawmills the ability to hold steady on prices for benchmark Western…
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Madison’s Weekly Softwood Lumber Prices: April 10, 2020
Western Spruce-Pine-Fir prices flattened out following sweeping sawmill curtailments; plywood prices were flat while Oriented Strand Board prices slid further down.
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North America Rail Traffic, Lumber: Jan – April 2020
The Association of American Railroads (AAR) reported yesterday U.S. rail traffic for the week ended April 4, 2020.For the week ended April 4, total U.S. weekly rail traffic was 429,095 carloads and intermodal units, down -15.9% compared with the same week last year. Total carloads for that week were 210,911 carloads, down -16.2% compared with…
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Madison’s Weekly Softwood Lumber Price Graphs: April 3, 2020
Western SPF: USA Tumble The economic repercussions of COVID-19 continued to unfold last week as Western Spruce-Pine-Fir purveyors in the US had a hard time securing consistent sales at anything other than crazy prices. Suppliers had wildly variable inventories of on-ground stock and spot-counters of up to $50 per thousand were not uncommon. Sawmill order…
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Softwood Lumber Producer Prices Range Widely
North American softwood lumber sawmills sold wood at a wide range of prices last week, as some refused to go lower than their price lists while others just took whatever offers they could get from reluctant buyers. Strangely, demand was not abated. It was, however, again only for highly-specified loads to fill orders wholesalers and…
