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Madison’s Lumber Prices Index Dec 6, 2024: US$507 mfbm
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Looming US Thanksgiving Holiday Brings Usual Seasonal Slowdown
Even as persistent low lumber supply and depleted inventories continued, the upcoming US Thanksgiving holiday brought the usual seasonal slowdown in purchasing. As sellers and buyers both prepared to head out for the extended long weekend, sales of construction framing dimension softwood lumber remained for immediate needs only. Some prices perked up slightly, as was…
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Madison’s Lumber Prices Index Nov 29, 2024: US$504 mfbm
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Lumber Supply-Demand Balance Potentially Achieved
After a somewhat rush of demand in recent weeks, sales of most North America construction framing dimension softwood lumber items slowed slightly into mid-November. Due to ongoing restricted supply, prices continued their upward trend of the past month or so. Producers looked toward the usual seasonal Holiday downtime as they made their manufacturing plans to…
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Madison’s Lumber Prices Index Nov 22, 2024: US$505 mfbm
