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LATEST POSTS

The Lumber Market Today

The Lumber Market Today

Jun 28, 2024

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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First Quarter 2024 Lumber Industry Update

First Quarter 2024 Lumber Industry Update (Part 2)

May 16, 2024

Lumber prices volatile? Get the latest Q1 2024 lumber market update. This excerpt analyzes housing starts, mortgage rates, and key building material trends that drive the behavior of the lumber market and affects your lumber purchases.

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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.