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A second muted week of trading since the U.S. holiday generated cracks in prices of framing lumber. Still fortified with order files of at least one to two weeks on many items, producers gave ground grudgingly.
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A third straight week of slack framing lumber sales prompted producers to take a more aggressive approach to trading. Coast dry framing mills were on the leading edge of what traders noted was looking more and more like a “June swoon,”
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Prices of framing lumber continued to plummet, but in some cases the drops drew in buyers. The stronger level of activity was most noticeable in Western S-P-F and Coast species
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Trading of framing lumber hit a higher gear by midweek, and producers reacted with a firmer stance and higher quotes. Spring weather breaking out across the continent was a major factor.
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A supply-driven framing lumber market accelerated amid a decided increase in seasonal demand. This sent prices soaring in all species, with many setting all-time highs
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Framing lumber prices in the US reached further record-highs during last week, as robust seasonal demand overwhelmed supplies. Steep double-digit price hikes were the rule in all species
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A mix of trends in prices of framing lumber emerged across producing regions. Trends varied based on species, product groups, and even volumes sold. Gains were most pronounced in Western S-P-F, with #2&Btr 2x4 standing out; mill prices surged $20-30 for the week
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Trading in framing lumber markets slowed, as did upward momentum in prices. Even so, prices in most species gained modestly and the Random Lengths Framing Lumber Composite Price finished at $512, a new record
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Trading in framing lumber calmed down from its frenetic January pace. However, prices continued to advance in all species. Wintry weather in northern markets and rain in the South cooled consumption.
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Traders discerned a modest pullback in framing lumber purchases, as more customers pushed back against placing new orders at record prices that often came with warnings of late shipments
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Trading in framing lumber was mixed, but overall price trends were weighted to weakness. Green Fir was the primary exception, with demand outstripping supplies and keeping prices on a steady upward track
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French research center CEEB (Centre d’Etudes de l’Economie du Bois) together with the national wood federation FNB (Federation Nationale du Bois) quarterly publish average prices for French lumber...
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Framing lumber prices and sales in the US quietened last week after a period during which traders cited seasonal factors and tight supplies, along with a record run in prices
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A mixture of reports developed in the holiday-shortened workweek. Buyers of Canadian S-P-F pulled back, with traders taking note of the large discount in futures to cash
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The recent surge in demand for framing lumber gave way to a modestly slower sales pace. Even so, many dry framing prices continued to climb, although in smaller increments.
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Sales of framing lumber hit a higher gear in most species in the second half of the week. Traders weighed myriad factors that impacted supply and demand
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Showing signs of life late the prior week, trading in framing lumber gained momentum following Monday’s holiday. Forest fires and logging restrictions in B.C. and the Pacific Northwest tightened supplies, while extended mill order files made it difficult for buyers to cover needs promptly.
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French research center CEEB (Centre d’Etudes de l’Economie du Bois) together with the national wood federation FNB (Federation Nationale du Bois) quarterly publish average prices for French lumber...
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Sales of framing lumber cooled modestly from the previous week, but they were strong enough for producers to maintain upward pressure on prices
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During last week in the US, trading in framing lumber was mixed, but most price trends pointed upward. Activity was strong in Coast and Inland species, while buyers backed off purchases of both Western and Eastern S-P-F.
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The recent lull in framing lumber markets prompted producers to probe more aggressively for orders. Yet they did so selectively, and prices retreated unevenly
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The U.S. holiday was widely cited as a factor for a slow start to sales of framing lumber, but many traders noted a pickup later in the week. Amid strength in the futures market Thursday, wholesalers covered shorts and distributors covered near-term needs.
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Global softwood lumber prices trended upward in early 2017 with prices in North America hitting a 13-year high, Chinese import prices increasing 13% in 18 months and Japanese prices moving modestly higher in the 1Q/17.
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Framing lumber markets were mixed, with a firm to strengthening trend in western and Canadian species contrasting with a continued softening in Southern Pine
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Softwood lumber trading was uneven, and traders’ outlooks uncertain, heading into the holiday weekend in the U.S. Southern Pine mills reported a firmer tone to the market after heavy discounting in previous weeks
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