Market Update: SPF September 2025

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 […]

Market Update: SPF August 2025

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 […]

Market Update: SPF July 2025

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 […]

Market Update: SPF June 2025

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: […]