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LATEST POSTS

What to Expect from the Lumber Market during the Holidays

What to Expect from the Lumber Market during the Holidays

Dec 13, 2024

Holiday trends in the lumber market reveal slower seasonal demand but unique challenges like looming tariffs, mill closures, and slim inventories. With mills planning extended holiday downtime and tight supply heading into 2025, expect steady prices and potential buying opportunities. Discover how the lumber market is poised for a surge in demand after the new year!

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What Does the New Administration Mean for the Lumber Market

What Does the New Administration Mean for the Lumber Market

Nov 27, 2024

The lumber market has seen unexpected activity this holiday season, with OSB and 2×6 prices rising due to strong demand, mill closures, and limited supply. Typically a quieter time, this shift highlights the impact of industry dynamics as mills focus on higher-margin products.

Looking ahead, the housing market will play a critical role in shaping lumber prices. Challenges like restrictive zoning, labor shortages, and tariffs remain hurdles for builders. However, post-election optimism is growing, with expectations of regulatory relief and increased homebuilding in 2025. Builder confidence has steadily risen, signaling potential growth for the construction industry.

For those with projects in the pipeline, now is the time to act. Prices may remain steady or increase further, so securing materials early could save both time and money. As we prepare for the coming year, staying informed will be key to navigating these market changes effectively.

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It’s a Good Time to Buy Lumber

It’s a Good Time to Buy Lumber

Oct 31, 2024

While stability has returned, factors like recent mill closures and global shifts could still stir up trouble. If you have a project in the pipeline, it’s a good time to secure your lumber packages and stay ahead of any unexpected changes.

Let Trio Forest Products guide you through any lingering uncertainties this Halloween season with confidence and resilience.

Happy Halloween from Trio Forest Products Inc

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August Lumber Market Price Commentary

ACF Type: wysiwyg

Unlike other industries, the current lumber market offers some stability and our team finds this truly fascinating. 

Here’s what continues to be true:

Prices can go up, down or stay the same.

The last several years we have experienced unprecedented lumber market volatility.  2023 has brought more stability to lumber market prices as evidenced in the graphs attached. .

With all of the uncertainty in the economy, one would potentially predict extreme buyer caution and low demand to bring prices to rock bottom. Prices have adjusted but they are certainly not rock bottom and demand continues to be better than expected in both the residential and commercial sectors.

We are experiencing a conflicted lumber market that has chosen stability vs. volatility to maneuver in uncharted territory. The uncertainty is keeping mill orders to a minimum because end users are buying only what they need. Current demand does not seem to be higher than supply. Expect some mills to attempt to influence the market with curtailments and closures soon.

  • Residential July Housing Starts Up and Permits Down
    Multi-family July Starts Down and Permits Down
    Builder confidence holds steady in residential and commercial based on housing need.