Tag: US

US hardwood plywood imports fall 21%

US imports of hardwood plywood declined by 21% in November, falling to their lowest level since January 2021. The 220,249 m³ imported was 22.5% less than that of November 2021., ITTO reported. Imports from Russia, which inexplicably inflated in October,...

The American Thanksgiving holiday predictably dampened lumber market activity

As is historically usual for this season, demand — and therefore prices — of most softwood lumber items dropped during the US Thanksgiving holiday week. This time of year, is normally marked by slowing construction activity thus lower...

ITTO: US plywood imports from Russia more than doubled in August

After four months of decline, US imports of hardwood plywood bounced back in August, gaining 11% over the previous month, according to the International Tropical Timber Organization (ITTO). However, the 302,300 m³ imported was 7.4% less than the...

EIA: Russian birch products bypass US sanctions via Vietnam

Russian birch wood is routed through Asia before being shipped to American stores, reports The Washington Post, citing an exclusive report from the Environmental Investigation Agency. The Environmental Investigation Agency (EIA), a nonprofit watchdog group based in Britain,...

US hardwood plywood imports continue downward

US imports of hardwood plywood fell for a third straight month, declining by 9% in June, ITTO reports. The 296,900 m³ imported was the lowest volume month of the year and was 2.3% less than the previous June. Imports...

Strong demand continues to push North American lumber prices up

Continuing steady increases following the Labour Day long weekend, for the week of October 1, 2021 the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$540 mfbm ($349/m³). This is up by +$30, or +6%, from the...

US softwood lumber prices rise further

As the end of September approached, the demand and sales of construction framing dimension softwood lumber commodities improved significantly, enough for prices to rise somewhat. This is an unusual time of year, after Labour Day, for solid wood...

In September 2021, US sawn timber prices increased 7% compared to the previous month

According to Madison’s Lumber Reporter, in the week ending September 10, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $480 ($311/m³). This is up by +$50, or +12%, from the...

US OSB prices have skyrocketed more than 500% since January 2020

The price of OSB has increased 510% since January 2020, exceeding the peak price increase in lumber by nearly 180 percentage points in the USA, as the National Association of Home Builders (NAHB) reported. Although plywood panel prices have substantially...

US housing starts slow — builder optimism falls

US homebuilding rebounded less than expected in May 2021 as expensive lumber and shortages of other materials continued to constrain builders’ ability to take advantage of an acute shortage of houses on the market. The latest report from...

US lumber prices fell sharply

After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11,...

Sawn timber prices in US rose again in mid-May 2021

In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...