Increased Demand Pops Up Lumber Prices

At a time of year when construction activity, thus lumber sales, are usually slowing down which generally means lumber prices drop; this year the ongoing severe supply constraints worked to pop lumber prices higher Customers continued to stick to the practice of...

Madison’s Lumber Prices Index November 17, 2023: US$436 mfbm

The Madison’s Lumber Prices Index for the week ending November 17, 2023 is: US$436 mfbm The Madison’s Lumber Prices Index for the week ending November 17, 2023 is: US$436 mfbmThis is up by +2%, or +$9, from the previous week when it was US$427. For information...

Year-End 2023 North America Softwood Lumber Market Update

After a minor boost in recent weeks, toward the end of October North American softwood lumber prices began their usual annual seasonal drop. Customers, whether retailers or end-users, continued to make purchases for immediate needs only, keeping their inventories...

Lumber Prices Rise on Supply Constraints

The ongoing strategy of North American sawmills reducing production and curtailing manufacturing volumes succeeded in reversing the usual seasonal drop of lumber prices. As November dawned, the supply-demand balance was such that lumber sellers were able to actually...

Madison’s Lumber Prices Index November 10, 2023: US$427 mfbm

The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbm The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbmThis is up by +5%, or +$21, from the previous week when it was US$406. For information...

Late-Season Pop in Sales Boosts Lumber Prices

As home building and construction activity across North America slows down into winter, and demand for solid wood materials also slows, lumber prices usually start to drop. Sometimes, if there is a boost in building, there might be a late-season pop in lumber prices....