Sawmill curtailments bring flat lumber prices in North America – UW GROUP

Sawmill curtailments bring flat lumber prices in North America

Several benchmark North American construction framing dimension softwood lumber and panel prices remained flat in mid-September, despite a normal seasonal slow-down in buying. This is because a number of large operators announced curtailments and downtime in order to keep supply in line with waning demand.    Dimension lumber sawmills and panel (plywood and oriented strand board) mills alike reduced production in order to keep prices from falling too much further. Customers responded with total lack of concern, so confident were they that there would be enough supply in the coming weeks to suit their immediate.

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