LATEST POSTS

Finding Balance in Today’s Lumber Market

Finding Balance in Today’s Lumber Market

The lumber market today leaves wholesalers wedged between mill slowdowns, tariffs, and softer demand. At Trio, we explore what it will take to restore balance — from stable housing starts to consistent mill production — and how smart inventory management can benefit customers.

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Warning:  13% Anti Dumping Duty Hits

Warning: 13% Anti Dumping Duty Hits

As we rolled into July, lumber prices across framing, low grade, OSB, and structural panels showed signs of finding a bottom and beginning to bounce. But bigger waves are on the horizon: with AR6 trade rulings set to take effect, coupled with wildfire impacts, limited log supply, and mill curtailments, price disruptions are expected. Now may be the time to buy ahead of the forecasted 13%–21% increases.

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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!