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Lumber Prices Remain Flat on Muted Sales
Lumber sales remained muted into mid-February, as it seemed like many buyers were waiting on the sidelines to see what everyone else was doing. Inquiry at sawmills was good, however there was not yet much follow-through with actual sales. The forest products manufacturing industry was poised for the next home building season, but since that…
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Madison’s Lumber Prices Index February 16, 2024: US$469 mfbm
The Madison’s Lumber Prices Index for the week ending february 16, 2024 is: US$469 mfbm The Madison’s Lumber Prices Index for the week ending February 16, 2024 is: US$469 mfbmThis is up by +0%, or +$1, from the previous week when it was US$468. For information regarding the construction of this Index (species mix, weighed…
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Slow Demand Keeps Lumber Prices Flat
Steady take-a-way amid normal seasonally slow demand was the name of the game for January 2024 North American construction framing dimension softwood lumber sales. Prices remained essentially flat, providing much-needed stability for both the forest products manufacturing industry and home builders alike. Expectations for reasonably good housing starts numbers this year are widely acknowledged. The…
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Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm
The Madison’s Lumber Prices Index for the week ending february 9, 2024 is: US$468 mfbm The Madison’s Lumber Prices Index for the week ending February 9, 2024 is: US$468 mfbmThis is down by -1%, or -$5, from the previous week when it was US$473. For information regarding the construction of this Index (species mix, weighed…
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Lumber Prices Flat on Low Sales Volumes
The month of January 2024 marched on, bringing with it sluggish lumber sales and flat prices. Looking at the graph above, it is clear that the quite stable trend line of price changes through last year is continuing. This return to previously more regular seasonal price movement is providing much-needed stability for the North American…
