It Is Usual In The Final Weeks Of August For Lumber Sales, Thus Prices, To
Drop, As The Annual Seasonal Slow-Down Arrives.
Both construction activity and sawmilling normally take some down-time when
hot temperatures arrive across North America. This year is no different; as
the continent-wide Labour Day long weekend loomed many folks were already
away from work for that last holiday of summer.
Prices of several lumber and panel commodity groups remained flat.
However, Canadian wood products destined for the US fell significantly, as
the attempts in recent weeks to boost prices were rejected by customers. As
such operators in Canada had to reduce asking prices down.
Customer counter-offers were just too strong for sawmills to resist. Even
so, levels were somewhat higher than in the same week one year, and two
years, ago.
In the week ending August 22, 2025 the price of Western Spruce-Pine-Fir 2×4
#2&Btr KD (RL) was US$489 mfbm, which was down by -$44, or -8%, from the
previous week when it was $533, said weekly forest products industry price
guide newsletter Madison’s Lumber Reporter.
That week’s price was down -$19, or -4%, from one month ago when it was
$508.
Compared To The Same Week Last Year, When It Was Us$390 Mfbm, The Price Of
Western Spruce-Pine-Fir 2×4 #2&Btr Kd (Rl) For The Week Ending August 22,
2025 Was Up +$99, Or +25%.
Compared To Two Years Ago When It Was $410, That Week’S Price Was Up +$79,
Or +19%.
.
..
KEY TAKE-AWAYS:
Some manufacturers of Western-SPF in the US quietly planned or took downtime
as demand seasonally sagged.
Customers covered their short-term needs domestically to avoid newly
increased duties on shipments from Canada.
Lumber futures on the CME retracted palpably from recent highs, generating
worries about long-term market weakness.
Western-SPF suppliers in Canada reported little to no success in passing
recently increased softwood lumber duties to their US customers.
Persistently quiet downstream consumption markets kept sales volumes low and
prices soft.
Eastern-SPF sawmills in Canada also failed to incorporate higher softwood
lumber duties into their shipments to US buyers.
Southern Yellow Pine suppliers reported more discounts in narrow dimensions.
MADISON’S BENCHMARK TOP-SIX SOFTWOOD LUMBER AND PANEL PRICES: MONTHLY
AVERAGES
Source:
madisonsreport.com
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