Tag: Softwood Lumber Prices

An upward bump in US housing starts, unusual for the season, kept the pressure on for customers to order the dimension lumber building materials they knew they would need for the looming spring construction season. Driven by continued strong demand for real building projects, for the week of January 21, 2021 the price of benchmark lumber item Western…

A project to install a biomass heating system at a remote hospital in British Columbia recently received $400,000 in funding. BC Hospital Biomass Project Receives Funding The money will be provided by the First Nations Clean Energy Business Fund (FNCEBF), which provides funding for projects in indigenous communities throughout the province to work towards a…

Heavy negotiations went on between customers and lumber suppliers, as prices had drifted higher over recent weeks but delivery times remained very long. Buyers maintained patience in awaiting wood already ordered, much delayed in transportation, while producers and stocking wholesalers allowed their inventories to grow. There were many reports of sawmills protecting extended order files,…

It might be that the North American construction framing dimension softwood lumber market has found equilibrium. At least for the time being. While inquiry and demand for wood remained strong, many lumber commodity prices seem to be levelling off. Of course, this is at higher levels than prior to two years ago. However, as mentioned…

An upward bump in US housing starts, again unusual for the season, kept the pressure on for customers to order the dimension lumber building materials they knew they would need for the looming spring construction season. New home building in the US for December 2021 exceeded the historical trend for the time of year. Indeed,…