Western Pallet Magazine June 2025 | Page 16

16 WESTERN PALLET

For that same time period, the price of WSPF 2x4 #3/Utility was US$325 mfbm which was flat from the previous week. That week’s price is down -$4, or -1%, from one month ago when it was $329.

As for WSPF 2x6 #3/Utility KD (RL), that price was US$245 mfbm which was flat from the previous week and was down -$17, or -6%, from one month ago at $262.

KEY TAKE-AWAYS:

  • Western-SPF buyers in the US continued to keep their inventories conspicuously lean.

  • There was a palpable absence of pressure from end-users downstream.

  • Secondary suppliers maintained thin on-ground stocks.

  • There was noticeably less material available on Canadian Western-SPF sawmill sales lists.

  • Eastern-SPF buyers were shopping around extensively.

  • SYP suppliers worked to track down business, while buyers twiddled their thumbs.

  • Business in the busy US Northeast was still confined to short-covering.

    • Purchasers on the US eastern seaboard had

    let their inventories run so low they had to step in with new purchases. (Click here for 2x6 graph.)

    In the week ending May 30, 2025, the price of SYP West Side 2x4 #2&Btr KD (RL) was US$416 mfbm. This was down -$20, or -5%, from the previous week when it was $436.

    That week’s price was down -$33, or -7%, from one month ago when it was $449. As well, for the end of May, SYP West 2x4 #3/Utility KD (RL) was US$360 mfbm, which was down -$30, or -8%, from the previous week when it was $390 and was down -$51, or -12%, from one month ago when it was $411.

    As for SYP West 2x6 #3/Utility KD (RL), that price was US$250 mfbm, which was down -$25, or -9%, from the previous week when it was $275 and was down -$50, or - 17%, from one month ago when it was $300.

    North American lumber suppliers cut prices further to spur demand. Customers responded by placing some orders, suggesting they agreed that current price levels were likely the bottom. The collision of ongoing weak demand and arrival of spring building season did little to prompt any real increase in sales volumes. WPM