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Softwood Lumber Prices Bounce Off Lows of Two Weeks Ago
As Madison’s said in mid-April, “only in the future will we know” if North America construction framing dimension softwood lumber prices reached the bottom, or if they would fall further. Given the wee surge last week, we now know that prices have bounced from those lows of two weeks ago. Whether they will remain there…
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UBC Forestry professor receives ‘Nobel Prize of Forest Research’
Marcus Wallenberg Prize supports research on how forests respond to climate change VISUALS LINK FOR MEDIA USE The Faculty of Forestry at University of British Columbia has announced faculty member and Canada Research Chair in Remote Sensing (I), Nicholas Coops, is the recipient of the world’s most prestigious forestry honour, the Marcus Wallenberg Prize.With this distinction, UBC…
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Softwood Lumber Prices Fall More Slowly or Remain Steady
In contrast to the sharp plummets of recent weeks, most North American construction framing dimension softwood lumber prices either remained steady or dropped by smaller increments last week as distributors had decent demand from end-users. Supply remained limited to tight, and sawmills held firm on price lists from the previous week as their order files…
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Softwood Lumber Prices Fall More Slowly or Remain Steady
MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Prices of most solid wood products stabilized last week.” Prices updated April 22, 2020 (CLICK TABLE TO ENLARGE)
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Softwood Lumber Prices Apr 2020 & US Housing Starts March 2020
Despite drops from last month, housing starts and building permitting activity in the US are still occurring at a faster pace than one year ago. In week ending April 10, 2020, benchmark Western Spruce-Pine-Fir 2×4 prices were US$310 mfbm (net FOB sawmill), unchanged from the previous week said North American weekly lumber price newsletter Madison’s…
