Ongoing Soft Demand Brings Dip in Lumber Prices

June dawned without the usual increase in spring demand for construction framing dimension softwood lumber, thus sellers were no longer able to hold on to the recent steady asking prices. Warnings from suppliers about extremely weak field inventories and the possibility of shortages should sales volumes increase suddenly fell on deaf ears. Customers remained extremely […] The post Ongoing Soft Demand Brings Dip in Lumber Prices first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index June 14, 2024: US$413 mfbm

The Madison’s Lumber Prices Index for the week ending june 14, 2024 is: US$413 mfbm The Madison’s Lumber Prices Index for the week ending June 14, 2024 is: US$413 mfbmThis is down -1%, or -$5, from the previous week when it was US$418. For information regarding the construction of this Index (species mix, weighed averages) […] The post Madison’s Lumber Prices Index June 14, 2024: US$413 mfbm first appeared on Madison’s Lumber Reporter.

Uninspiring Demand Keeps Lumber Prices Flat

As May 2024 ended and true summer arrived, the usual seasonal increase in lumber sales volumes did not materialize. This meant lumber prices stayed generally flat to where they had been in the past month. Demand remained relegated strictly to immediate needs only; customers stuck to their now long-term habit of buying only the wood […] The post Uninspiring Demand Keeps Lumber Prices Flat first appeared on Madison’s Lumber Reporter.

Lumber Prices Remain Flat on Balanced Supply & Demand

For this book-end holiday week in Canada and the US, it is a time of year when players can usually get a gauge of how the construction framing dimension softwood lumber market is going to look as the real home building season comes on. From the way lumber sales are going, things are definitely flat. […] The post Lumber Prices Remain Flat on Balanced Supply & Demand first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index May 24, 2024: US$417 mfbm

The Madison’s Lumber Prices Index for the week ending may 24, 2024 is: US$417 mfbm The Madison’s Lumber Prices Index for the week ending May 24, 2024 is: US$417 mfbmThis is up +0.2%, or +$1, from the previous week when it was US$416. For information regarding the construction of this Index (species mix, weighed averages) […] The post Madison’s Lumber Prices Index May 24, 2024: US$417 mfbm first appeared on Madison’s Lumber Reporter.

Could This be the Lumber Price Bottom?

Currently most standard construction framing dimension softwood lumber prices are close to that of one year ago. The northern species 2x4s, Western and Eastern S-P-F, are slightly higher than the end of May 2023. In the southern pine belt, Southern Yellow Pine East Side 2x4s are $100, or 22%, below this time last year. There […] The post Could This be the Lumber Price Bottom? first appeared on Madison’s Lumber Reporter.

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 […] The post Madison’s Lumber Prices Index May 17, 2024: US$416 mfbm first appeared on Madison’s Lumber Reporter.

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. […] The post Lumber Prices at Same Level as One-Year-Ago first appeared on Madison’s Lumber Reporter.

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 […] The post Lumber Prices Drop Further first appeared on Madison’s Lumber Reporter.

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 […] The post OSB and Plywood Prices Update: Mid-May 2024 first appeared on Madison’s Lumber Reporter.