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November 19, 2020
Mixed price developments for North American softwood lumber prices
As market conditions stabilized, some North American construction framing dimension softwood lumber prices fell further, others were flat, and still others actually rose somewhat. After a few weeks of seeming free-fall, most lumber prices stabilized last week as the supply-demand balance corrected nicely. Suppliers in Canada and the U.S. saw more orders coming in as end-users continued to run on extremely weak inventories. Buyer reluctance in the past few weeks, while prices were falling and production remained high, evaporated. Customers could no longer wait to see if prices would fall ...
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