Weather, Washington and Wildfires
As we head into the fall season, the lumber market continues to experience fluctuations driven by a mix of supply chain challenges, extreme weather conditions, and evolving policies out of Washington.
Hurricanes
Extreme hurricane storms are hitting the East Coast right now, partnered with some windy word conditions in Washington. This makes today’s lumber market a little ‘Harri’ to maneuver and ‘Trumps’ some initial expectations for the Fourth Quarter.
Tariffs
Meanwhile, federal discussions on tariffs and environmental regulations in Washington are adding further uncertainty to the market. This has impacted both pricing and availability.
The mills have implemented multiple curtailments to reduce inventory
in an effort to raise prices, but have seen little success.
The graphs below reflect the current market equilibrium.
Source: Random Lengths, used here with permission granted by the publisher.
At Trio Forest Products Inc., we are closely monitoring these developments and remain committed to keeping our inventory strong and prices competitive. Your continued trust in our ability to deliver is greatly appreciated.
Thank you for your partnership and support!