Tag: us housing

In the first week of February sawmills were taking orders that would not even go on the production line until the beginning of March. This provides good indication that prices are not going to go down anytime soon. At a time of year when home builders and retailers — the end-users for lumber products —…

Demonstration of significant correlation in recent years between benchmark softwood lumber prices and new housing construction, home sales, and house prices in the US. Check back often to keep up with the latest changes and movement both with softwood lumber and panel prices, and with lumber market conditions across the US and Canada.

BC Port Expansion Boon to Pellet Industry A recent announcement by the Government of British Columbia detailed a planned expansion of the Ridley Island Export Logistics Platform, which will significantly improve the Port of Prince Rupert’s ability to transload wood pellets shipped aboard container vessels. The initiative will be funded through a mix of public…

The lumber supply-demand balance seemed to find an even keel in the second week of 2021, ending January 15, 2021, with benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr prices staying flat at US$944 mfbm over the previous week. Last week’s price is +$292, or +45%, more than it was one month ago…

North America construction framing dimension softwood lumber and panel wholesaler prices are back on the upswing … Madison’s Lumber Reporter explains the market dynamics: Check back often to keep up with the latest changes and movement both with softwood lumber and panel prices, and with lumber market conditions across the US and Canada.