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British Columbia Coastal Log Prices: May 2018
Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May…
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Topsy-Turvey Lumber Market as Prices Settle
Prices of many North American softwood lumber and panel prices corrected sharply this week as customers picked through sawmill offer lists looking for construction framing wood products they could get for a lower price. Home sales and construction in the US continue much stronger than anyone had expected one year ago. The below table is…
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It’s a Brand-New, Uncharted World for Softwood Lumber Prices
A waffling North American softwood lumber market started to settle down last week, as the Madison’s price graphs showed in our previous issue. On May 2 this year, Madison’s took the bold step — and one we do not tread upon lightly — of declaring a new floor on prices of benchmark North American softwood…
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US Construction Jobs Openings: March 2018
The count of unfilled jobs in the US construction sector was effectively unchanged in April, remaining near post-Great Recession high levels. According to the US Bureau of Labor Statistics (BLS) Job Openings and Labor Turnover Survey (JOLTS) and National Association of Home Builders’ analysis, released June 5, the number of open construction sector jobs came…
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Huge Correction on the Softwood Lumber Futures Board, Cash Might Be Wallowing
A huge sell-off of futures this week took no one by surprise, then on Thursday a reversal to positive trades brought settlement this week to approximately US$555 but on minimal volume. In cash, prices wallowed at close to last week’s levels, with significant adjustments on some specific items as price sheets stabilized. The long-awaited…
