For the global wood industry the end of 2022 seems to be as turbulent as in the pandemic years. The energy crisis in Europe, the rollercoaster price trends in US softwood lumber, the falling Chinese demand for both softwood logs … Continue reading → The post Trends in...
North American lumber prices fell Wednesday as US mortgage rates hit the highest level in 14 years, pulling back from an earlier rally amid fears of a possible rail strike. Data from the Mortgage Bankers Association showed that the rate on a 30-year … Continue reading...
North American softwood lumber prices broke a three-week losing streak and edged higher on Friday, extending its three-day rally to as much as 10% at $506 per thousand board feet. The gains come despite continued headwinds in the housing market, particularly …...
In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price of nearby futures was above that price, but the trend remained lower. The current environment favors a consolidation period, and … Continue reading → The post...
Lumber prices usually drop around Labour Day (September 05) then keep falling until US Thanksgiving (late November), which normally marks the lowest prices of the year for wood products. Of course, we have not been in a normal year since … Continue reading → The post...
