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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…
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North America Pellet Market Update: March 2022
Comparison of Pellet Export Trends: US and Canada As governments around the world rush to implement policies that address the topic of climate change, Canada and the United States continue to emerge as two of the most prominent producers and exporters of high-quality industrial grade biomass for use in global energy markets. In terms of…
