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April 17, 2020

North American lumber prices moderate as market adjusts

The recent changes, disruption if you will, to the supply-demand balance of North American construction framing softwood lumber and panel products have worked their way through the market. Last week customers came back to suppliers with higher-volume orders than in recent weeks. This provided sawmills the ability to hold steady on prices for benchmark Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL), at USD$310 mfbm. Producers in other regions like the U.S. south or Quebec dropped prices slightly but refused to go any lower.

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