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The Lumber Market Today

The Lumber Market Today

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)

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 Lumber Market Continues to be Flat as a Board (for today anyway)

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Regardless of the mills futile attempts at curtailments, the lumber markets supply and demand dance continues to achieve a steady balance.

April Housing Starts Up, Permits Down
Builder Confidence Maintains
Some Skepticism Exists on Overall Economic Conditions

Arizona continues to have a strong economic outlook and Trio trucks keep rolling out of the lumberyard fully stocked.

For all the lumber purchasers that have weathered the 2021 and 2022 extreme market fluctuations, we hope you find some reprieve in the consistency of the market.