16 WESTERN PALLET
As for SYP West 2x6 #3/Utility KD (RL), that price was US$315 mfbm, which was down -$10, or -3%, from the previous week when it was $325, and was down -$4, or -1%, from one month ago when it was $319.
Players were anticipating an approximately 10 per cent reduction in combined Softwood Lumber Duty rate after this next administrative review. Only time will tell where those final rates land.
The forest products and construction material industries were concerned about freight costs, as diesel prices began to reach levels not seen in recent times. Sellers cautioned reluctant customers that waiting until the last minute to place orders might not be the best plan, as the reduced purchase price could easily become eclipsed by sharply rising fuel rates.
Add to this the uncertainty of even sourcing trucks or rail cars, altogether these conditions made the situation of delayed delivery a very real possibility.
Keta Kosman
Publisher
Madison’s Lumber Reporter, est. 1952
Vanco
uver, BC, Canada
604 319-2266