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Softwood Lumber Cash Prices Remain High, Supported by Big Increases in Futures
Last week provided some of the lumber price answers many have been seeking for the past few weeks. That significant players had expected prices to soften by now was immaterial as trading of softwood lumber futures on the Chicago Mercantile Exchange crested up-limit twice this week, to close Thursday at US$536. The latest data out…
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Forest Resources Association
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Madison’s Announces . . . BC Coastal Log Prices: Monthly
The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to provide you with vital data about prices of various species and grades of British Columbia coastal logs, for Canadian and international markets, at your fingertips in a timely manner. Order our PRE-PUBLICATION sale and be…
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Short Week In Canada Kept Pressure Up for Higher Lumber Prices
A persistent lack of stable supply together with ongoing hot demand served to keep western Canadian dimension framing softwood lumber prices high, even as many other species/regions experienced price drops this week. In support of the WSPF R/L price resistance to softening was erratic straight lengths (or specified lengths) prices, most sizes of which flew…
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Lumber Market Waffles on Price Points as Sales Take a Pause
Last week some sources found that lumber prices were still inching up. Others said sawmills were holding firm on price lists as they worked through extended order files, while wholesalers and secondary suppliers offered discounts to move wood. Lumber futures were soft, with brisk trading of the May contract on moderate volumes. In reality there…
