{"id":453,"date":"2025-10-31T23:26:30","date_gmt":"2025-11-01T06:26:30","guid":{"rendered":"https:\/\/tandhforest.com\/?p=453"},"modified":"2025-10-31T23:29:56","modified_gmt":"2025-11-01T06:29:56","slug":"market-update-spf-october-2025","status":"publish","type":"post","link":"https:\/\/tandhforest.com\/wp\/?p=453","title":{"rendered":"Market Update: SPF October 2025"},"content":{"rendered":"<p data-start=\"100\" data-end=\"119\"><strong data-start=\"100\" data-end=\"117\">Key Takeaways<\/strong><\/p>\n<ul>\n<li data-start=\"162\" data-end=\"301\">\n<p data-start=\"652\" data-end=\"816\">October started with steady upward momentum in SPF #2&amp;Btr, with prices climbing more than $50 (over 15%) from early-month levels, peaking just past mid-month.<\/p>\n<\/li>\n<li data-start=\"162\" data-end=\"301\">\n<p data-start=\"652\" data-end=\"816\">Toward the end of the month\u2014especially after the U.S. additional tariff on Canadian softwood products took effect\u2014demand lagged well behind supply, pulling prices back down to only slightly above where they began. While several B.C. mills announced major curtailments to limit supply, the market still expects the downward trend to continue into November.<\/p>\n<\/li>\n<li data-start=\"162\" data-end=\"301\">\n<p data-start=\"652\" data-end=\"816\">Patient Q4 J-Grade buyers likely achieved slightly better pricing in October, than those who purchased earlier in September. Some Canadian mills tried to hold firm, but many others, seeking to keep volumes moving, discounted further, seeing it as preferable to the slow and low-priced North American market, adding further downward pressure overall.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Western SPF J-Grade 2\u2033x4\u2033<\/strong><\/p>\n<ul>\n<li>October 2025: $620-$630<\/li>\n<li>MoM: \u25b2$10 (\u25b21.6%)<\/li>\n<li>YoY: +$35 (+6.0%)<\/li>\n<\/ul>\n<p>*C&amp;F JPN, USD per Thousand Board Feet<\/p>\n<p><strong>Western SPF #2&amp;BTR 2\u2033x4\u2033<\/strong><\/p>\n<ul>\n<li>October 2025: $445<\/li>\n<li>MoM: +$15 (+3.5%)<\/li>\n<li>YoY: +$17 (+4.0%)<\/li>\n<\/ul>\n<p>*FOB Mill in Canada, USD per Thousand Board Feet<\/p>\n<p><strong>Western SPF #3\/Utility 2\u2033x4\u2033<\/strong><\/p>\n<ul>\n<li>October 2025: $277<\/li>\n<li>MoM: \u25b2$8 (\u25b22.8%)<\/li>\n<li>YoY: \u25b2$46 (\u25b214.2%)<\/li>\n<\/ul>\n<p>*FOB Mill in Canada, USD per Thousand Board Feet<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways October started with steady upward momentum in SPF #2&amp;Btr, with prices climbing more than $50 (over 15%) from early-month levels, peaking just past mid-month. Toward the end of the month\u2014especially after the U.S. additional tariff on Canadian softwood products took effect\u2014demand lagged well behind supply, pulling prices back down to only slightly above [&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-453","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\/453","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=453"}],"version-history":[{"count":1,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/453\/revisions"}],"predecessor-version":[{"id":454,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/453\/revisions\/454"}],"wp:attachment":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}