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July 24, 2025

The BC lumber dilemma: balancing US tariffs with limited global markets

Since the Trump tariffs on Canadian lumber were postponed for the second time in early April, conditions in the US market have remained weak. Between early March and early May, prices for W-SPF 2×4 #2&Better random lengths (FOB bc mill) fell nearly 25%, from US$570/Mbf ($368/m³) down to US$437/Mbf ($282/m³). Prices reversed course in early June and steadily increased to US$500/Mbf by mid-July, a 14% rise. Similarly, E-SPF 2×4 delivered to the Great Lakes saw a 14% decline from US$640/Mbf ($413/m³) in ...

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