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September 3, 2020
N. America: Demand appears to temper as softwood lumber prices continue to rise further
While North American softwood lumber prices continued to climb last week, there was a palpable reduction in the enthusiasm of buyers. Normally by Labour Day end-users are well stocked up with the wood they need for ongoing building projects thus are not placing new orders for September or October delivery. However, all can agree that 2020 is anything but normal. Yet the fact of economic cycles and particularly seasonality can not be ignored. This week will tell — if early indications are anything to go by, at time of writing sawmills and secondary suppliers report a ...
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