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.

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.

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

Madison’s Lumber Prices Index May 10, 2024: US$415 mfbm

The Madison’s Lumber Prices Index for the week ending may 10, 2024 is: US$415 mfbm The Madison’s Lumber Prices Index for the week ending May 10, 2024 is: US$415 mfbmThis is down by -0.5%, or -$2, from the previous week when it was US$417. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index May 10, 2024: US$415 mfbm first appeared on Madison’s Lumber Reporter.

NAFTA Chapter 19 Panel on U.S. Countervailing Duties on Canadian Softwood Lumber

Ruling May 6, 2024: U.S. Department of Commerce to correct errors in its setting of countervailing duties on Canadian softwood lumber “The Panel orders Commerce to make a determination on remand consistent with the findings and instructions of this opinion. The remand determination shall be made within 90 days.” https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/softwood-lumber/nafta_panel_decision_cvd_investigation_appeal_may_6_2024.pdf The post NAFTA Chapter 19 Panel on U.S. Countervailing Duties on Canadian Softwood Lumber first appeared on Madison’s Lumber Reporter.

Buyer Reluctance Keeps Lumber Prices Lower

In what is normally the beginning of true building season across North America, the end of April this year did not bring the usual high volumes of lumber sales. Indeed, while recent lower prices did encourage customers to increase purchasing somewhat, actual sales volumes remained below the seasonal norm. Participants in the forest products industry […] The post Buyer Reluctance Keeps Lumber Prices Lower first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index May 03, 2024: US$417 mfbm

The Madison’s Lumber Prices Index for the week ending may 03, 2024 is: US$417 mfbm The Madison’s Lumber Prices Index for the week ending May 03, 2024 is: US$417 mfbmThis is down by -4%, or -$16, from the previous week when it was US$433. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index May 03, 2024: US$417 mfbm first appeared on Madison’s Lumber Reporter.

Lumber Market Update: April End 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. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 26, 2024, the price of Western […] The post Lumber Market Update: April End 2024 first appeared on Madison’s Lumber Reporter.

Low Sales Volumes Bring Drop in Lumber Prices

In yet another departure to what would historically be considered “normal” seasonal trend cycle, lumber prices dropped — by quite a bit — in the middle of April 2024. Producers especially had done what they could to keep prices up, specifically by keeping manufacturing volumes lower in the face of this ongoing soft demand. However, […] The post Low Sales Volumes Bring Drop in Lumber Prices first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index April 26, 2024: US$433 mfbm

The Madison’s Lumber Prices Index for the week ending april 26, 2024 is: US$433 mfbm The Madison’s Lumber Prices Index for the week ending April 26, 2024 is: US$433 mfbmThis is down by -2.5%, or -$11, from the previous week when it was US$444. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index April 26, 2024: US$433 mfbm first appeared on Madison’s Lumber Reporter.