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Bottom Reached Even as Lumber Prices Waffle
In mid-May, some benchmark construction framing dimension softwood lumber prices bounced slightly as players recognized a bottom had been reached. The sentiment among players remained cautious due to ongoing uncertainty in the greater economic landscape, however there was a move to replenish severely depleted inventories. The usual seasonal supply-chain issues resurfaced, with operators in the…
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Madison’s Lumber Prices Index May 23, 2025: US$474 mfbm
The Madison’s Lumber Prices Index for the week ending may 23, 2025 is: US$474 mfbM The Madison’s Lumber Prices Index for the week ending May 23, 2025 is: US$474 mfbm.This is down -0%, or -$1, from the previous week when it was US$475.This is down -4%, or -$22, from one month ago when it was…
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Further Price Reductions Spurred Lumber Sales
Due to ongoing soft demand, North American lumber suppliers cut prices further to spur sales. Customers responded by placing some orders, suggesting they agreed that current price levels were likely the bottom. The collision of ongoing weak demand and arrival of spring building season did little to prompt any real increase in sales volumes. It…
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Madison’s Lumber Prices Index May 16, 2025: US$475 mfbm
The Madison’s Lumber Prices Index for the week ending may 16, 2025 is: US$475 mfbM The Madison’s Lumber Prices Index for the week ending May 16, 2025 is: US$475 mfbm.This is up +1%, or +$5, from the previous week when it was US$470.This is down -6%, or -$33, from one month ago when it was…
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Cautious Sentiment Keeps Lumber Demand Sluggish
Even as true spring weather dawned across North America the sawmill operators had to actively hunt for customers. Sales of solid wood construction framing materials remained slow despite home building season having arrived. The prevalent attitude was to “wait-and-see”, to discover if there was potential for lumber prices to drop further. Lumber producers and wholesalers…
