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Lumber Market On Edge:  What Customers Need to Know

Lumber Market On Edge: What Customers Need to Know

Lumber prices are at their lowest levels in months—but that may not last. With new trade duties on the horizon and possible mill shutdowns already underway, supply could tighten fast. In this market update, we break down what’s happening, what’s coming, and why now is a smart time to buy if you’ve got upcoming jobs. Don’t wait until prices spike—get ahead of the curve with Trio’s insights.

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Lumber Tariffs Update

Lumber Tariffs Update

Tariff shifts, Canadian exemptions, and supply chain woes shake the lumber market. Find out how it impacts prices, housing, and builder plans.

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Uncertainty Reigns in the Lumber Market

Uncertainty Reigns in the Lumber Market

Lumber Market Update: A Waiting Game

With proposed tariffs on Canadian lumber looming, the market is stuck in neutral—engines revving but waiting to see which light turns green. Buyers, sellers, and suppliers alike are in wait-and-see mode, unsure how pricing and supply will shake out.

Will costs spike? Will demand shift?

No one has the answers yet. Even if tariffs are implemented, the uncertainty won’t end. Will mills raise prices in response, or will the market remain flat due to currently weak demand? For now, we’re watching and waiting—but rest assured, we’ll keep you updated as the situation unfolds.

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The Current Lumber Market Is Underbought: January 2023

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The Current Lumber Market Is Under Bought

With current announcements regarding permanent mill closures and curtailments, the market could be set up for a Rocket Boost. Most Buyers were keeping inventories light to allow for the digestion of shifting economic conditions.  Need stills exists and there are plenty of projects in the pipeline. We anticipate a boost in the market prices based on the recently published news releases of Canfor and Sinclair.

Note: These are just two of the mills making adjustments, but there are several others we have received notices from as well.