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Lumber Prices and Market Update: Oct 2022 [video]
Staying even from the previous week, in the week ending October 28, 2022, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$480 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -8%, from one month ago when it was US$524 mfbm.…
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Lumber Prices Flat on Significant Production Curtailments
As October drew to a close, significant production curtailments at several large British Columbia lumber producers helped keep softwood lumber prices flat. Most of these operators cited high log costs vs lower lumber prices as the reason for taking this downtime. Meanwhile, it seemed that Weyerhaueser and the union came to an agreement, so the…
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Madison’s Lumber Prices Update – Sneak Peak
An early view of what Madison’s Lumber Reporter subscribers will see tonight when the 500 individual softwood lumber and panel commodity prices are updated in our dashboard: This small bump up in benchmark Western S-P-F KD 2×4 and 2×6 #2&Btr during a time of year when construction and building is usually slowing down — thus…
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Good Construction Weather Props Up Lumber Prices Slightly
Into the latter weeks of October, mild weather in many of the densely-populated areas of the US provided the opportunity for an increase in construction activity. As such, demand for dimension lumber and other solid wood building materials brought a bump up in lumber prices, due to limited supply in the field. Sawmills and wholesalers…
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US Housing Market Sept & Softwood Lumber Prices Oct: 2022
After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that new building activity…
