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October 28, 2020
N. American softwood lumber prices drop sharply, but remain high
“What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm for four weeks while most other species’ prices fell, the price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr fell a not unexpected -$260, or -27%, to end last week at a still-high U.S. $700 mfbm (net FOB sawmill). Producer order files were down to two weeks or less, which is still quite strong for this time of year; thus sawmills were not able ...
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Sawmill curtailments across N. America stabilize lumber market further, tightening supplies and helping to firm pricesCompanies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Wood-based panels / Global / North America