{"id":791,"date":"2026-09-30T16:02:20","date_gmt":"2026-09-30T23:02:20","guid":{"rendered":"https:\/\/tandhforest.com\/wp\/?p=791"},"modified":"2026-09-30T16:03:16","modified_gmt":"2026-09-30T23:03:16","slug":"791","status":"publish","type":"post","link":"https:\/\/tandhforest.com\/wp\/?p=791","title":{"rendered":"Market Update: SPF September 2026"},"content":{"rendered":"<p><strong>Key Takeaways<\/strong><\/p>\n<div class=\"xdj266r x14z9mp xat24cr x1lziwak x1vvkbs x126k92a\">\n<ul>\n<li dir=\"auto\">For North American #2 &amp; Btr SPF in September, the market remained subdued. 2&#215;4 prices weakened further, while wider widths held relatively firm as availability tightened. Buyers continued to cover immediate needs rather than build inventory.<\/li>\n<li dir=\"auto\">Q4 trading for export J-grade improved somewhat. While North American 2&#215;4 prices softened, J-grade assessments moved modestly higher across the range. Higher log costs and weak sawmill profitability supported upward pressure, though it remains unclear how broadly these levels are being accepted in actual trading.<\/li>\n<li dir=\"auto\">According to the latest market report, some Japanese buyers accelerated orders around the Bank of Japan\u2019s rate increase, while higher mortgage rates added pressure on housing. Trading appeared somewhat firmer entering Q4, but underlying demand remained cautious.<\/li>\n<\/ul>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-792\" src=\"https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-225x300.jpg 225w, https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-768x1024.jpg 768w, https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-1152x1536.jpg 1152w, https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-1536x2048.jpg 1536w, https:\/\/tandhforest.com\/wp\/wp-content\/uploads\/2026\/09\/36246139-A658-403C-9BC5-15AE2D95FD60-scaled.jpg 1920w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/p>\n<p><strong>Western SPF J-Grade 2\u2033x4\u2033<\/strong><\/p>\n<ul>\n<li>September 2026: $580-$595<\/li>\n<li>MoM: +$10 (+1.8%)<\/li>\n<li>YoY: \u25b2$50 (\u25b27.9%)<\/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>September 2026: $458<\/li>\n<li>MoM: \u25b2$17 (\u25b23.6%)<\/li>\n<li>YoY: +$28 (+6.5%)<\/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>September 2026: $372<\/li>\n<li>MoM: \u25b2$33 (\u25b28.2%)<\/li>\n<li>YoY: +$87 (+30.5%)<\/li>\n<\/ul>\n<p>*FOB Mill in Canada, USD per Thousand Board Feet<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways For North American #2 &amp; Btr SPF in September, the market remained subdued. 2&#215;4 prices weakened further, while wider widths held relatively firm as availability tightened. Buyers continued to cover immediate needs rather than build inventory. Q4 trading for export J-grade improved somewhat. While North American 2&#215;4 prices softened, J-grade assessments moved modestly [&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-791","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\/791","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=791"}],"version-history":[{"count":2,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/791\/revisions"}],"predecessor-version":[{"id":794,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=\/wp\/v2\/posts\/791\/revisions\/794"}],"wp:attachment":[{"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tandhforest.com\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}