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Jun 2016

U.S.: Softwood and panel markets - Week 22, 2016

Traders came back from the long holiday weekend in the U.S. in a cautious mood. Weakness in futures Tuesday to start the short workweek, and more downside on Wednesday, contributed to the quiet tone in framing lumber. [Mais... ]

May 2016

U.S.: Softwood and panel markets - Week 17, 2016

Last week's ales of framing lumber in US varied among species and producing regions. The cash market in Western S-P-F got a shot in the arm from strength in futures, and transportation hang-ups related to a rail trestle in Alberta that was destroyed by fire. Eastern S-P-F producers also caught the wave of increased activity. Elsewhere, trading was mixed, with the pace slowing in Southern Pine and trading in western species described as a grind. All told, the Random Lengths Framing Lumber Composite Price rose $4 [Mais... ]

U.S.: Softwood and panel markets - Week 18, 2016

Price trends in U.S. framing lumber were mixed last week, but the tone of the market was more upbeat in the second half of the week. The pace slowed in Southern Pine, as a waiting game developed between buyers and sellers. In contrast, prices advanced in Canadian S-P-F, although the bulk of those gains came early on momentum from the previous week’s action. [Mais... ]

U.S.: Softwood and panel markets - Week 19, 2016

With one major exception, trading in US framing lumber species was steady to active. Western and Eastern S-P-F set the pace with double-digit gains in the narrows of random dimension and studs. In the West, green Douglas Fir caught a wave of demand, while sales of dry framing picked up and posted at least modest gains. The major exception was Southern Pine; prices were vulnerable [Mais... ]

U.S.: Softwood and panel markets - Week 20, 2016

Price trends of the previous two weeks persisted, with Canadian S-P-F and western species strengthening and Southern Pine weakening. Sales overall tapered from the pace of recent weeks, and a larger degree of caution was noted by many traders in the week’s latter half. Nonetheless, most producers were fortified with solid order files — some extending to or even through mid-June. Any notion that producers outside the Southern Pine region were growing vulnerable was widely dismissed [Mais... ]

U.S.: Softwood and panel markets - Week 21, 2016

Bracketed by holidays in Canada and the U.S., softwood lumber trading was uneventful. More news breaking on fire season in Canada, this time in Ontario, gave the market a mild jolt at midweek; sales perked up for some mills on Thursday, but the week’s overall pace was measured. While residual strength from the recent market rally kept modest upward pressure on some prices, many others were unchanged from the previous week and a few cracks developed as well. [Mais... ]

Apr 2016

U.S.: Softwood and panel markets - Week 13, 2016

The first quarter came to a close with framing lumber prices still pointing upward. Early week strength in futures buoyed mill positions and trader confidence. Mill order files in various species extended into mid-April and beyond. By most accounts, demand was steady to brisk, and many buyers circulated back to their suppliers for coverage [Mais... ]

U.S.: Softwood and panel markets - Week 14, 2016

The second quarter got off to a quiet start in most framing lumber species, after a brisk close to the first quarter. Traders attributed the slower pace to the need to digest March purchases, and assess market prospects going forward. Spring break, vacation absences, and a reversal in the futures market were all cited as contributing factors [Mais... ]

U.S.: Softwood and panel markets - Week 16, 2016

Price trends in US framing lumber were mixed last week. Southern Pine was the primary exception to a wider weakening trend. A number of SYP mills were off the market as they caught up on late shipments. Torrential rains and floods preoccupied traders in East Texas, but other key markets picked up the slack. In other species, trading was generally liquid, but producers usually had to trim prices to entice buyers. [Mais... ]

Mar 2016

U.S.: Softwood and panel markets - Week 9, 2016

While a measured pace prevailed through Wednesday, trading in framing lumber picked up steam on the Thursday of last week. One catalyst was a strong upward move in futures, although the impact on the cash market was uneven [Mais... ]

U.S.: Softwood and panel markets - Week 10, 2016

Amid some mixed sentiment, framing lumber prices increased. Weather clouded the views of traders in some markets. But with warm temperatures across the East and a sense that the remainder of winter held little threat going forward, buyers stepped up purchases. Trading was especially active early on, as momentum from the previous week’s surge carried over through Tuesday. Activity eased at the mill level, as producers extended order files and raised prices — in some cases sharply [Mais... ]

U.S.: Softwood and panel markets - Week 11, 2016

Framing lumber prices pushed higher, as mild weather across much of the U.S. spurred consumption. Although rain and flooding were factors in some areas, traders widely agreed that, on top of a mild winter, spring weather had arrived about a month earlier than normal [Mais... ]

U.S.: Softwood and panel markets - Week 12, 2016

A slower pace of sales was widely noted in the US lumber market of last week, but strength in prices of framing lumber prevailed. The gains mostly came early in the week on momentum carried over from the previous week. Many traders paused to digest recent purchases and higher prices. That approach was abetted by the Montreal Wood Convention and spring break, which took many traders out of their offices. Easter observances were an additional factor late in the week. The Random Lengths Framing Lumber Composite Price rose for an eighth straight week [Mais... ]

Feb 2016

U.S.: Softwood and panel markets - Week 7, 2016

A midweek surge of orders in many species was the highlight of the framing lumber market. After a slow start, attributed largely to holidays in the U.S. and Canada on Monday, buying picked up on Wednesday afternoon and carried solidly into Thursday. One major exception was Southern Pine, as sales faded from the previous week’s action; traders cited a litany of concerns, from the weather to the economy [Mais... ]

U.S.: Softwood and panel markets - Week 8, 2016

Framing lumber trading paused after a mostly busy first three weeks of February. Prices in key species still finished the week higher, but the overall pace of sales slowed. Producers cited mid-March order files as the key reason for the pause, and buyers acknowledged that they needed time to digest recent purchases and higher prices. [Mais... ]