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The Lumber Market Today from Trio Forest Products Inc.

The Lumber Market Today from Trio Forest Products Inc.

Impact of Canadian Rail Strikes on the Lumber Industry

As Labor Day approaches, it’s timely to reflect on the Canadian rail strikes and their impact on our industry. These disruptions have highlighted the essential role of labor in maintaining our supply chains. Despite the strikes, the lumber market has remained unexpectedly stable, but the ongoing delays at key shipping ports and adjustments by companies like Mercer International are causing concerns. The longer these strikes continue, the greater the potential for supply shortages and price increases, especially for products like OSB, SPF Dimension, MSR, and KDDF.

Stay informed and consider these factors in your purchasing decisions. Reach out to us for the latest market conditions.

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The Lumber Market Today

The Lumber Market Today

The mills’ efforts to spark market movement through closures have failed, and the market remains stable this month. For softwood lumber companies, understanding the current state and future projections of the lumber market in 2024 is crucial. This post explores key aspects such as price trends, supply chain issues, and demand dynamics. Despite attempts to influence the market, stability prevails, making it essential to stay informed about the latest developments and projections in the softwood lumber industry.

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Lumber Traders Seek Solace: October 2022

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Lumber up close

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Lumber Traders Seek Solace for Anticipated Year End Results 

Mill Strikes, Doug Fir Production Slows and Anticipated Curtailments are Announced

Weyerhaeuser Workers Strike Winds Down

After six straight weeks of striking, Weyerhaeuser reached a successful resolution of a work stoppage in Oregon and Washington.  Read more here

Doug Fir Production Slows 

Buyers scramble for Doug Fir as supply becomes limited due to a combination of the Weyerhaeuser mills strike and Canadian mills choosing to run Spruce instead of Doug Fir. Low supply results in an upward shift in Doug Fir prices (if you can even acquire any). 

Source: Random Lengths, used here with permission granted by the publisher.