softwood lumber prices

Pricing & Supply

Sawmill curtailments bring increasing lumber prices

Since October 2022, quite a few sawmill operators have taken downtime and curtailments. This is normal for the time of year, as usually lumber demand slows in winter and regular maintenance needs to take place, as well as employee vacation time. Over the past few months there has been perhaps a bit more than the usual reduction of lumber manufacturing volumes, as companies chose to be intentionally proactive against prices falling even further than they already were into the end of last year.

Canadian News

Video: Canadian wood producer stocks soar on record lumber prices

TORONTO, Ontario -- Spurred by historically high lumber and wood panels product prices, Canfor, CanWel, Interfor, Norbord and West Fraser each achieved record-high 52-week average stock prices Wednesday on the Toronto Stock Exchange. The surge in enhanced stock performance follows moves taken by each of the publicly-traded wood product companies to increase production following weeks of varying degrees of curtailment due to the COVID-19 pandemic.

Custom

Are Lumber Prices Too High?

Just when it looks like business is starting to pick up, softwood lumber is going up faster than any other commodity out there. And hardwood lumber is starting to pick up steam as well.