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Lumber Prices at Same Level as One-Year-Ago
The big question among forest products industry and home building players has been: where will lumber prices land after all the disruptions to business of the past four years? One thing that provides a good indication is that most housing construction lumber prices are currently at or very close to the levels of May 2023.…
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Madison’s Lumber Prices Index May 17, 2024: US$416 mfbm
The Madison’s Lumber Prices Index for the week ending may 17, 2024 is: US$416 mfbm The Madison’s Lumber Prices Index for the week ending May 17, 2024 is: US$416 mfbmThis is down by -0.2%, or -$1, from the previous week when it was US$415. For information regarding the construction of this Index (species mix, weighed…
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OSB and Plywood Prices Update: Mid-May 2024 [video]
Gain deep understanding of the market dynamics between the two main construction softwood panel prices produced and sold across North America: oriented strand board and plywood. In the week ending May 10, 2024, the price of Oriented Strand Board – 7/16″ – Ontario was C$590 / msf. This is down -$70, or -11%, from the…
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Lumber Prices Drop Further
At a time of year when home building and construction is usually going strong, this year that has not yet materialized. As such, lumber sales have not picked up from the end of winter. After succeeding in holding prices flat, mostly due to significant sawmill curtailments and downtime, in the past two weeks the producers…
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Lumber Market Update: Mid-May 2024 [video]
Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. In the week ending May 10, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$383 mfbm which is flat from the previous…
