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Lumber Supply-Demand Balanced as Labour Day Approaches

Historically Labour Day has been a marker of how robust is demand for construction framing dimension softwood lumber. In times of a weak market, following this long weekend demand has been soft and prices have fallen. During times of ongoing new home building activity, demand has been strong and prices stay flat or might even […] The post Lumber Supply-Demand Balanced as Labour Day Approaches first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Sept 6, 2024: US$434 mfbm

The Madison’s Lumber Prices Index for the week ending september 6, 2024 is: US$434 mfbm The Madison’s Lumber Prices Index for the week ending September 6, 2024 is: US$434 mfbmThis is up +1%, or +$6, from the previous week when it was US$428.This is up +4%, or +$15, from one month ago when it was […] The post Madison’s Lumber Prices Index Sept 6, 2024: US$434 mfbm first appeared on Madison’s Lumber Reporter.

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 […] The post Panel Prices Increase Somewhat While Most Lumber Items Flat first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 30, 2024: US$428 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 30, 2024 is: US$428 mfbm The Madison’s Lumber Prices Index for the week ending August 30, 2024 is: US$428 mfbmThis is down -0.5%, or -$2, from the previous week when it was US$430.This is up +5%, or +$21, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 30, 2024: US$428 mfbm first appeared on Madison’s Lumber Reporter.

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 […] The post Lumber Prices Pop Slightly on Solid Sales Volumes first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 23, 2024: US$430 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 23, 2024 is: US$430 mfbm The Madison’s Lumber Prices Index for the week ending Aug 23, 2024 is: US$430 mfbmThis is up +2.6%, or +$11, from the previous week when it was US$419.This is up +9%, or +$36, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 23, 2024: US$430 mfbm first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 16, 2024: US$419 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 16, 2024 is: US$419 mfbm The Madison’s Lumber Prices Index for the week ending Aug 16, 2024 is: US$419 mfbmThis is up +3%, or +$12, from the previous week when it was US$407.This is up +9%, or +$35, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 16, 2024: US$419 mfbm first appeared on Madison’s Lumber Reporter.

Stable Sales Volumes Bump Lumber Prices up Slightly

After a very slow first half of this year for lumber sales, at the beginning of August demand picked up enough to turn around the most recent price drops. There was enough sales volumes for suppliers to be able to firm up prices, potentially providing understanding of the new bottom. A few more curtailment announcements […] The post Stable Sales Volumes Bump Lumber Prices up Slightly first appeared on Madison’s Lumber Reporter.

Canada’s Softwood Lumber Duty Challenge: Extension Granted to US Commerce Dept

NAFTA Ruling May 6, 2024: U.S. Department of Commerce to correct errors in its setting of countervailing duties on Canadian softwood lumber, given 90 days to respond. Background info in previous update here: https://madisonsreport.com/nafta-chapter-19-panel-on-u-s-countervailing-duties-on-canadian-softwood-lumber/ Madison’s Lumber Reporter reached out to Global Affairs Canada to find out what are the next steps, now that the 90-day […] The post Canada’s Softwood Lumber Duty Challenge: Extension Granted to US Commerce Dept first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 9, 2024: US$407 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 9, 2024 is: US$407 mfbm The Madison’s Lumber Prices Index for the week ending Aug 9, 2024 is: US$407 mfbmThis is up +3%, or +$13, from the previous week when it was US$394.This is up +11%, or +$40, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 9, 2024: US$407 mfbm first appeared on Madison’s Lumber Reporter.