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What to Expect from the Lumber Market during the Holidays

What to Expect from the Lumber Market during the Holidays

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

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

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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September 2024 Lumber Market Equilibrium: Reality or Myth

ACF Type: wysiwyg

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!