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Panel Prices Increase Somewhat While Most Lumber Items Flat
Toward the end of August the recent increases in construction framing dimension softwood lumber prices slowed somewhat, while that of plywood and OSB did pop a little bit. Demand at sawmills and secondary suppliers increased noticeably, causing sellers to wonder if this was just a momentary blip or if higher sales volumes would carry through…
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Madison’s Lumber Prices Index Aug 30, 2024: US$428 mfbm
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Lumber Prices Pop Slightly on Solid Sales Volumes
In mid-August the tide had clearly turned, as lumber purchasers were caught short on the solid wood inventory they needed for ongoing projects. Prices on many lumber commodity items again ticked upward as all players’ inquiries at sawmills increased. Subsequently order files stretched out to three weeks or longer. In addition, end-users tried to put…
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Madison’s Lumber Prices Index Aug 23, 2024: US$430 mfbm
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Madison’s Lumber Prices Index Aug 16, 2024: US$419 mfbm
