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Over the past month, there has been a significant surge in lumber prices, influenced in part by the uncertainties caused by wildfires in Canada
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There has been a noticeable halt in the declining prices of domestic logs and lumber in Japan during mid-May. The prices of laminated whitewood posts and laminated cedar posts, which are competitors to KD cedar posts, have reached their lowest point, leading to controlled inventory of imported lumber
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North American lumber prices are have continued to rise mainly since Russia has invaded Ukraine. Since Vladimir Putin oredered troops to enter Ukraine, price have increased by 14%...
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Most analyses of U.S. lumber price trends and levels fail to account for inflation because the price data for softwood lumber used in framing applications is generally quoted using the Random Lengths Framing Lumber Composite Price or lumber futures prices–neither of which is inflation-adjusted...
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North American lumber prices have risen to a seven-month high as the lingering effects of flooding in Western Canada disrupt supplies and shipments.
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Lumber prices are on the rise again as supply tightens, residential construction projects pick up, and the U.S. prepares to double a tariff on Canadian softwood...
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Lumber futures have hit $628 per thousand board feet (mbf), the Wall Street Journal has reported. Prices are now up nearly 40% since late August and are almost as high as their pre-pandemic levels...
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US lumber futures rose the most in more than a year on concerns that wildfires in western Canada will reduce supply and spur more curtailments at sawmills...
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Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs...
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Building material prices have increased 19.4% over the past 12 months and 13% year to date, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics....
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The price of OSB has increased 510% since January 2020, exceeding the peak price increase in lumber by nearly 180 percentage points in the USA, as the National Association of Home Builders (NAHB) reported...
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For the past 16 days US future prices for lumber have been declining and deliveries further in the future are heading in only 1 direction, downwards. July deliveries are now at 1010 USD coming down from a record 1.711 USD in May...
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Within the DACH region softwood lumber prices in June are still on the rise due to the high demand in China and USA but also within Europe for construction. Many countries are promoting wooden buildings for climate reasons. Sawmills are at limit, struggeling to get logs and can not expand
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The construction industry in North America is reeling from solid wood construction framing building material prices that continue to soar. It is a frustrating situation for sawmills as supply remains well below extremely hot, indeed unabated, demand...
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U.S. lumber prices have skyrocketed more than 180% since last spring, and this price spike has caused the price of an average new single-family home to increase by $24,386 since April 17, 2020...
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As mid-January 2021 came upon us, it seemed like supply and demand for softwood lumber and panel products reached an equilibrium. Almost all prices were flat, except the 2x8 sizes which dropped somewhat...
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It’s unbelievable for this time of year and if someone had predicted it a month ago they would have been met with derisive laughter, but lumber prices were actually up last week as demand increased. This is absolutely unprecedented for the week before U.S. Thanksgiving and sawmills simply do not have enough wood in their yards to sell to ravenous customers..
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U.S. housing starts were mostly flat in 2019. At this time last year, softwood lumber sales improved markedly and prices started to rise from quite low levels. As the beginning of 2020 came on, the data on U.S. home building was much improved over the previous year, sending demand for construction framing dimension softwood lumber higher...
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After drifting lower from mid-September to mid-November, U.S. lumber prices are on the rise again. Prices peaked at an all-time high of roughly $950 per thousand board feet in September before gradually moving down to around $550 per thousand board feet last month...
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As market conditions stabilized, some North American construction framing dimension softwood lumber prices fell further, others were flat, and still others actually rose somewhat...
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