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Madison’s Softwood Lumber Prices Aug 12: Sneak Preview
Softwood lumber demand was anemic the week of August 13 and prices continued to correct; many players were on vacation. Western S-P-F: USA WobblySuppliers of Western Spruce-Pine-Fir lumber and studs in the United States continued to struggle with every deal as buyers were cagey in view of wobbly pricing.Western S-P-F: Canada VaccilatePrices kept coming off…
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US New Home Sales, House Prices June and Softwood Lumber Prices July: 2021
Continuing drops seen in May, sales of new US single-family homes fell in June as the median price of newly built houses softened somewhat but remained high compared to previous months and compared to one year ago. The U.S. Census Bureau and the US Department of Housing and Urban Development released July 26 new home…
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Rebounding Benchmark Lumber Prices Indicate Ongoing Market Strength
July 30, 2021 — In the previous week the benchmark construction framing dimension softwood lumber commodity price touched exactly where it had been one year ago, except had been on a relentless six week slide downward while in 2020 it was sharply on the way up. What does this mean for the lumber market? Last…
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Madison’s Weekly Softwood Lumber Prices: July 30
MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Much of the market appeared to be putting in a bottom, but triple-digit price spreads persisted in many species.” Prices reflect week of July 30, 2021 (CLICK TABLE TO ENLARGE)
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Lumber Prices Drop Again Even as Customers Step in to Buy
July 23, 2021 — The latest construction framing dimension softwood lumber and panel price movement downward has been enough to motivate previously reluctant customers to start making purchases again. Other circumstances, like wildfires and extreme heat in the usual timber supply areas, are adding uncertainty to how the rest of 2021 summer is going to…
