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September 2024 Lumber Market Equilibrium:  Reality or Myth

September 2024 Lumber Market Equilibrium: Reality or Myth

As fall begins, the lumber market faces challenges from extreme weather, like Hurricane Helene, and policy shifts in Washington. Tariffs and environmental regulations add to the uncertainty, impacting pricing and supply. Trio Forest Products Inc. is closely monitoring these changes and remains committed to maintaining strong inventory and competitive prices. We value your continued partnership

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The Lumber Market Today from Trio Forest Products Inc.

The Lumber Market Today from Trio Forest Products Inc.

Impact of Canadian Rail Strikes on the Lumber Industry

As Labor Day approaches, it’s timely to reflect on the Canadian rail strikes and their impact on our industry. These disruptions have highlighted the essential role of labor in maintaining our supply chains. Despite the strikes, the lumber market has remained unexpectedly stable, but the ongoing delays at key shipping ports and adjustments by companies like Mercer International are causing concerns. The longer these strikes continue, the greater the potential for supply shortages and price increases, especially for products like OSB, SPF Dimension, MSR, and KDDF.

Stay informed and consider these factors in your purchasing decisions. Reach out to us for the latest market conditions.

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Lumber Market Considerations: March and April 2023

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What do flat lines in our graphs mean for the lumber market?
Perhaps is means that supply and demand are at a temporary check mate.

Even though interest rates continue to fluctuate, nationwide residential housing starts are up and permits are also up overall since January. Approximately 75% of builders anticipated housing starts down in 2023. Builders confidence has improved by about 20% after Q1.
Multifamily is predicted to stay strong for this upcoming spring season.

As winter winds down, spring conditions are bringing a stronger demand for lumber. Building typically amps up nationwide with favorable weather conditions.

Overall, our business partners are cautiously optimistic about the consistency in volume demand for 2023.