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Strengthening Sawmill Order Files Push Lumber Prices Up
Into the end of March markedly improved weather across the continent perked up demand for lumber, pushing out sawmill order files to almost a month. As such, suppliers were able to boost prices higher. The annual spring break brought a noticeable absence of players, as families took off work while the kids were out of…
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Softwood Lumber Market Update: Late March 2023
view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of March 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 24, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$380 mfbm, which is…
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US Housing Market February & Softwood Lumber Prices March: 2023
The latest US housing starts and new home sales data, for February 2023, demonstrates ongoing demand, however at a requisite slowdown from the frantic momentum of the previous two years. In particular single-family homebuilding and permits rebounded in February, indicating that demand for housing still exceeds supply, a reason for optimism about building and selling sooner…
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Lumber Prices Flatten as Winter Ends
By mid-March many regions across the continent faced yet another bought of bad weather. Meanwhile the densely-populated southern US states ramped up construction activity. Demand for lumber materials remained somewhat muted, yet suppliers booked enough sales to keep prices generally even from the previous week. Sawmills claimed to have extended order files out to two…
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Ongoing Winter Weather Keeps Lumber Prices Down
As more cold and snow descended yet again across North America, construction activity remained stalled thus lumber sales were similarly slow. Those purchases which were made were generally for just-in-time buying or immediate needs; almost no one was stocking up on inventory yet for this looming spring building season. For their part, sawmills could only…
