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July 7, 2022

North American lumber prices bounce on equitable supply-demand balance

North American lumber prices bounce on equitable supply-demand balance
The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials in North America. Indeed, so successful that prices bounced almost back up to the levels of the week prior. While sales volumes still were not optimal, looming seasonal curtailments motivated somewhat reluctant customers to pull the trigger and buy.    That sales boost was enough to prompt producers to raise their prices. The dual Canada Day/US Independence Day long weekends normally signals the true slow-down of softwood lumber sales, with the annual price lows approaching. It is ...

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