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Panel Prices: Plywood and OSB — Oct 2021 (video)
ORIENTED STRAND BOARD (OSB) In the week ending November 05, 2021, the price of OSB Canadian – 7/16 – Ontario was C$550 msf. This is down by -$20, or (-4%), from the previous week when it was $570.That week’s price is down by -$16, or (-3%), from one month ago when it was $566.When compared…
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US New Home Sales, and Lumber Prices: Oct 2021 (video)
Sales of new US single-family homes rocketed up by an astonishing +14%, while the median price of newly built houses increased by even more, compared to the previous month. There were 800,000 new US homes sold in September, which is up +14% from a significantly downwardly-corrected 702,000 in August, and is down -18% from 971,000…
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Limited Supply Sends Softwood Lumber Prices Higher
Once again for a very unusual time of year, softwood lumber prices firmed up yet more in late October. Sales volumes were encouraging, especially for the time of year, as sawmills extended order files out four weeks. Based on the regular historical seasonal cycle, it is not normal for lumber prices to be increasing in…
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Railcars, Lumber Production, and Sawmill Capacity: Oct 2021 (video)
North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: For January to July 2021 softwood lumber production in the US was up by another +3% from the first seven months of 2020. US lumber production volumes were 22,060 mmfbm. Looking at the month of July…
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Canada and US Railcar Loadings: October 16, 2021
The Association of American Railroads (AAR) reported October 16 US and Canadian rail traffic volumes for the week ending October 16, 2021. US railroads originated 1,970,839 combined carloads and intermodal units, up another +3.8%, or 71,419 combined, from one year ago. US railroads originated 229,730 carloads and 267,253 intermodal units for the week ending October…
