{"id":353,"date":"2025-08-29T12:31:39","date_gmt":"2025-08-29T19:31:39","guid":{"rendered":"https:\/\/tandhforest.com\/?p=353"},"modified":"2025-08-29T13:00:01","modified_gmt":"2025-08-29T20:00:01","slug":"market-update-spf-august-2025","status":"publish","type":"post","link":"https:\/\/tandhforest.com\/wp\/?p=353","title":{"rendered":"Market Update: SPF August 2025"},"content":{"rendered":"<p data-start=\"100\" data-end=\"119\"><span style=\"text-decoration: underline;\"><strong data-start=\"100\" data-end=\"117\">Key Takeaways<\/strong><\/span><\/p>\n<ul>\n<li data-start=\"100\" data-end=\"119\">Western SPF remains weak, declining over the month due to soft demand and ample supply.<\/li>\n<li data-start=\"100\" data-end=\"119\">Near-term demand recovery is expected to be limited. Activity historically picks up after Labor Day, but sentiment is likely to stay cautious without a major shift.<\/li>\n<li data-start=\"100\" data-end=\"119\">Upcoming Q4 J-Grade negotiations could put downward pressure on pricing amid falling North American prices.<\/li>\n<li data-start=\"100\" data-end=\"119\">Meanwhile, further price declines could lead to supply adjustments via slowdowns or curtailments, though no significant actions have been reported yet.<\/li>\n<li style=\"list-style-type: none;\"><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>Western SPF J-Grade 2\u2033x4\u2033<\/strong><\/span><\/p>\n<ul>\n<li>August $645-$655<\/li>\n<li>MoM: +$0<\/li>\n<li>YoY: +$65 (+11.2%)<\/li>\n<\/ul>\n<p>*C&amp;F JPN, USD per Thousand Board Feet<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Western SPF #2&amp;BTR 2\u2033x4\u2033<\/strong><\/span><\/p>\n<ul>\n<li>August 2025: $447<\/li>\n<li>MoM: \u25b2$86 (\u25b216.1%)<\/li>\n<li>YoY: +$60 (+15.5%)<\/li>\n<\/ul>\n<p>*FOB Mill in Canada, USD per Thousand Board Feet<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Western SPF #3\/Utility 2\u2033x4\u2033<\/strong><\/span><\/p>\n<ul>\n<li>August 2025: $310<\/li>\n<li>MoM: \u25b2$25 (\u25b27.5%)<\/li>\n<li>YoY: +$15 (+5.1%)<\/li>\n<\/ul>\n<p>*FOB Mill in Canada, USD per Thousand Board Feet<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Western SPF remains weak, declining over the month due to soft demand and ample supply. Near-term demand recovery is expected to be limited. Activity historically picks up after Labor Day, but sentiment is likely to stay cautious without a major shift. Upcoming Q4 J-Grade negotiations could put downward pressure on pricing amid falling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,1],"tags":[],"class_list":["post-353","post","type-post","status-publish","format-standard","hentry","category-market-update","category-news"],"_links":{"self":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=353"}],"version-history":[{"count":3,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/353\/revisions"}],"predecessor-version":[{"id":358,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/353\/revisions\/358"}],"wp:attachment":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}