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Prices of Softwood Lumber Continue to Rise as Demand Flows East
“It was a runaway market again last week as softwood lumber prices soared thanks to persistently limited supply.” — Madison’s Lumber Reporter For the week ending July 17, 2020, prices of standard construction framing dimension softwood lumber items increased yet further. Benchmark softwood lumber item Western S-P-F 2×4 #2&Btr KD popped higher still, up by…
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Madison’s Weekly Softwood Lumber Prices
“It was a runaway market again last week as prices soared thanks to persistently limited supply.” — Madison’s Lumber Reporter
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Historically High Plywood Prices Comparison
Canadian Softwood Plywood 9.5mm (3/8″) TORONTO Prices: 1999 compared to 2003 and 2020 Food for thought …. the historical high Plywood prices of 1999 were briefly eclipsed in 2003 due to rebuilding after the devastation of Hurricane Andrew in the US. Mid-season 2020 Plywood prices look to surpass even the boggling highs of 2003. Will…
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North America Softwood Lumber Production, Sawmill Capacity Utilization: WWPA, APRIL 2020
US Softwood Lumber Production Continues Improvement, Canada Lumber Production Plummets: April 2020 Compared to one-year-ago, for the first four months of 2020 softwood lumber production in the US continued improving, increasing on the rise in March, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. For January to April 2020 US…
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US Housing Starts up dramatically in June as “Home buyers flee to suburbs, rural areas” — Reuters
Still, US homebuilding remains -24% below its February level. Housing starts in the US increased +17% to a seasonally adjusted annual rate of 1.186 million units last month, the Commerce Department said today. The percentage gain was the largest since October 2016. Data for May was revised up to a 1.011 million-unit pace from the…
