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Some Lumber Prices Increase as Inventory Woes Ease
While many North American construction framing dimension softwood lumber and panel prices stayed flat, others did rise a little bit. Customers satisfied with recent price drops agreed with current levels, and came back to buy at good volumes. Inventories in the field seemed to improve, possibly suggesting that near-term demand will ease as end-users are…
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Remodel Reno Data and Lumber Prices: 1Q 2022
SUBSCRIBE TO FULL MADISON’S LUMBER REPORTER DATA or request a sample: https://madisonsreport.com/subscribe/ Total Construction Spending US: 1Q 2020 – $334 billion1Q 2021 – $353 billion1Q 2022 – $370 billion (Up +11% from 2020, Up +39% from 2015) US Remodelling Activity: 1Q 2020 – $334 billion (same as total construction)1Q 2021 – $350 billion1Q 2022 –…
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Madison’s Lumber Reporter on Radio NL News
Paper Excellence to sell Domtar pulp mill in Kamloops, BC to Kruger, for high-quality tissue manufacturing in Sherbrooke QC. Hear Madison’s talk about it on Kamloops Radio NL: May 12 by Radio NL Local First News via #soundcloud The acquisition is expected to close in 4Q 2022. Many of Kruger’s products will be familiar to…
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Lumber Prices and Market Update: May 2022
The slight lull in buying through March and April brought lumber prices down to levels which made customers comfortable. A spate of purchasing ensued at the end of April, levelling off prices then bringing them slightly upward. REQUEST A SAMPLE: https://madisonsreport.com/subscribe/ Market conditions continued confusing, with quite some variation among suppliers. Those well-stocked with inventory…
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Lumber Prices Pop Back Up Slightly as Buyers Return in Earnest
The slight lull in buying through March and April brought lumber prices down to levels which made customers comfortable. A spate of purchasing ensued at the end of April, levelling off prices then bringing them slightly upward. Market conditions continued confusing, with quite some variation among suppliers. Those well-stocked with inventory sold handily to waiting…