Key Takeaways The downward trend that began in mid-October continued through November. SPF #2&Btr prices fell more than 10% during the month, hitting the monthly low at the end of November as U.S. Thanksgiving approached and Canadian demand remained in the typical seasonal fade. While there is hope for some activity after the long U.S. […]
Key Takeaways October started with steady upward momentum in SPF #2&Btr, with prices climbing more than $50 (over 15%) from early-month levels, peaking just past mid-month. Toward the end of the month—especially after the U.S. additional tariff on Canadian softwood products took effect—demand lagged well behind supply, pulling prices back down to only slightly above […]
Key Takeaways Higher US duty rates combined with historically weak demand are expected to keep Canadian SPF prices below breakeven through September. Many Canadian SPF mills may face increasing pressure for production shifts or curtailments in Q4, as neither demand nor prices show signs of recovery at this time. Q4 J-Grade negotiations are stabilizing with […]
Key Takeaways Western SPF remains weak, declining over the month due to soft demand and ample supply. Near-term demand recovery is expected to be limited. Activity historically picks up after Labor Day, but sentiment is likely to stay cautious without a major shift. Upcoming Q4 J-Grade negotiations could put downward pressure on pricing amid falling […]
Western SPF J-Grade 2″x4″ July 2025: $645-$655 MoM: +$0 YoY: +$65 (+11.2%) *C&F JPN Main Port, USD per Thousand Board Feet Western SPF #2&BTR 2″x4″ July 2025: $535 MoM: +$50 (+10.3%) YoY: +$180 (+50.7%) *FOB Mill in Canada, USD per Thousand Board Feet Western SPF #3/Utility 2″x4″ July 2025: $335 MoM: +$5 (+1.5%) YoY: +$47 […]
Western SPF J-Grade 2″x4″ June 2025: $645-$655 MoM: ▲$10 (▲1.5%) YoY: +$65 (+11.2%) *C&F JPN Main Port, USD per Thousand Board Feet Western SPF #2&BTR 2″x4″ June 2025: $483 MoM: +$33 (+7.3%) YoY: +$151 (+45.5%) *FOB Mill in Canada, USD per Thousand Board Feet Western SPF #3/Utility 2″x4″ June 2025: $330 MoM: ▲$5 (▲1.5%) YoY: […]
