By Madison's Lumber Reporter
New home building in the U.S. skyrocketted by
almost 17 per cent last month, however, this is
after an almost equally sharp drop in November.
Reasonably clement weather in the
densely-populated U.S. northeast last week
allowed for quite robust construction activity,
providing softwood lumber sellers the
opportunity to hold prices mostly flat. Sudden
winterly weather hit the west coast, meanwhile,
absolutely stopping transportation and major
outside activity for two days. As usual, within
a few days the rain started and melted a lot of
the snow pretty fast.
In week ending January 17, 2020, benchmark North American construction
framing lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr (RL) prices
averaged US$402 mfbm, unchanged from the previous week. This week’s
price is +$4, or +1%, more than it was one month ago. Compared to one
year ago, this price is up +$64, or +19%.
Eastern stocking wholesalers described an unusual week in their neck of
the woods. Weather remained surprisingly good as did resultant
construction and lumber sales activity, but prices were slow to get
moving upward. Trucking equipment was scarce as recent decent weather in
the US Northeast increased shipping of all building materials around the
region.
Compared to historical trend, last week’s WSPF 2×4 #2&Btr price rose
still further, up by another +$28, or +7.5%, relative to the 1-year
rolling average price of US$374 mfbm, but are down -$33, or -7.5%,
relative to the 2-year rolling average price of US$435 mfbm. This week’s
price is up +$27, or +7% relative to the 5-year rolling average price of
US$375 mfbm.
The below table is a comparison of recent highs, in June 2018, and
current January 2020 benchmark dimension softwood lumber 2×4 prices
compared to historical highs of 2004/05 and compared to recent lows of
Sept 2015:
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U.S. &
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U.S. &
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U.S. &
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26,
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U.S. &
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U.S. &
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12,
2019)
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U.S. &
Canada softwood and panel markets - week 44, 2019 (November
5,
2019)
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U.S. &
Canada softwood and panel markets - week 43, 2019 ( October
29,
2019)
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U.S. &
Canada softwood and panel markets - week 42, 2019 ( October
22,
2019)
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U.S. &
Canada softwood and panel markets - week 41, 2019 ( October
15,
2019)
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U.S. &
Canada softwood and panel markets - week 40, 2019 ( October
8,
2019)
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U.S. &
Canada softwood and panel markets - week 39, 2019 ( October
1,
2019)
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U.S. &
Canada softwood and panel markets - week 38, 2019 ( September 24,
2019)
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U.S. softwood and panel markets - week 37, 2019 ( September 17,
2019)
-
U.S. softwood and panel markets - week 36, 2019 ( September 10,
2019)
-
U.S. softwood and panel markets - week 35, 2019 ( September 3,
2019)
-
U.S. softwood and panel markets - week 34, 2019 ( August 23,
2019)
-
U.S. softwood and panel markets - week 33, 2019 ( August 16,
2019)
-
U.S. softwood and panel markets - week 32, 2019 ( August 09,
2019)
-
U.S. softwood and panel markets - week 31, 2019 ( August 02,
2019)
-
U.S. softwood and panel markets - week 30, 2019 ( July
26, 2019)
-
U.S. softwood and panel markets - week 29, 2019 ( July 19,
2019)
-
U.S. softwood and panel markets - week 28, 2019 ( July 12,
2019)
-
U.S. softwood and panel markets - week 27, 2019 ( July 03,
2019)
-
U.S. softwood and panel markets - week 26, 2019 ( June 28,
2019)
-
U.S. softwood and panel markets - week 25, 2019 ( June 21,
2019)
-
U.S. softwood and panel markets - week 24, 2019 ( June 14,
2019)
-
U.S. softwood and panel markets - week 23, 2019 ( June 07,
2019)
-
U.S. softwood and panel markets - week 22, 2019 ( May 31,
2019)
-
U.S. softwood and panel markets - week 21, 2019 ( May 24,
2019)
-
U.S. softwood and panel markets - week 20, 2019 ( May 17,
2019)
-
U.S. softwood and panel markets - week 19, 2019 ( May 10,
2019)
-
U.S. softwood and panel markets - week 18, 2019 ( May 03,
2019)
-
U.S. softwood and panel markets - week 17, 2019 ( April 26,
2019)
-
U.S. softwood and panel markets - week 16, 2019 ( April 19,
2019)
-
U.S. softwood and panel markets - week 15, 2019 ( April 12,
2019)
-
U.S. softwood and panel markets - week 14, 2019 ( April 05,
2019)
-
U.S. softwood and panel markets - week 13, 2019 ( March
29, 2019)
-
U.S. softwood and panel markets - week 12, 2019 ( March
22, 2019)
-
U.S. softwood and panel markets - week 11, 2019 ( March
15, 2019)
-
U.S. softwood and panel markets - week 10, 2019 ( March
08, 2019)
-
U.S. softwood and panel markets - week 9, 2019 ( March
01, 2019)
-
U.S. softwood and panel markets - week 8, 2019 ( February.
22, 2019)
-
U.S. softwood and panel markets - week 7, 2019 ( February.
15, 2019)
-
U.S. softwood and panel markets - week 6, 2019 ( February.
08, 2019)
-
U.S. softwood and panel markets - week 5, 2019 ( February.
01, 2019)
-
U.S. softwood and panel markets - week 4, 2019 (January. 25,
2019)
-
U.S. softwood and panel markets - week 3, 2019 (January. 18,
2019)
-
U.S. softwood and panel markets - week 2, 2019 (January. 11,
2019)
-
U.S. softwood and panel markets - week 1, 2019 (January. 04,
2019)
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