Madison’s Lumber Reporter 4/7/2023

Lumber Demand Remains Muted for Easter Long Weekend
What is normally considered a “litmus test” of sorts for the construction framing dimension softwood lumber market, the week leading up to the Easter holiday demonstrated still weak demand. Indications, though, were for increasing sales volumes to come, as sawmills were better able to deflect counter-offers than in recent weeks. Another bought of harsh winter weather, especially in eastern Canada, kept home building activity low. Several regions across the continent did experience actual spring, thus demand for wood did start increasing. As the calendar moves closer to May, the usual spring building season will truly arrive.

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