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Random Lengths, still the most widely circulated and respected source of information for the wood products industry, will continue to provide unbiased, consistent, and timely reports of market activity and prices, related trends, issues, and analyses.
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“There’s just no fear in the marketplace,” one source said.
Southern Pine lumber has experienced historically low price volatility in 2024, with a narrow trading range and conservative trading strategies expected to continue through the year.
This was driven by a 3.5% decline in U.S. OSB production despite a 4.2% increase in Canadian output.
The new EU Deforestation Regulation mandates exporters to provide detailed documentation and geolocation data to prove wood products are deforestation-free.
The annual rate of housing starts was slightly down from the previous quarter but up from the same period last year, with urban single-detached starts decreasing and other urban starts slightly increasing.
Fastmarkets (Random Lengths) plans to formally launch the industry’s first daily price assessment for Southern Yellow Pine #2 2×4 (eastside) on Thursday 8 August along with more than a year of pricing history.
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