Business, Contracting, Markets 37 March 2025 • Oregon Pellet Mills building a pellet warehouse and export facility at Port of North Bend • Wisewood Energy building a small pellet plant in Prineville • Pacific Northwest Renewable Energy building a pellet plant in Hoquiam, WA • SPI building a pellet plant in Sonora, CA, for export at Port of Stockton Existing wood pellet plants in Oregon, include: Lignetics-Bear Mtn in Brownsville, Blue Mtn Lumber Prod. in Reith, and Forest Energy-W. OR Wood Prod. in Columbia City. Lumber Markets In January, structural lumber price indices remained little-changed, while elevating 13% higher than one year ago. Builder optimism has slowly lifted markets since their deep low of May to July 2024. The approximated lumber index listed below is a U.S. and Canada nationwide composite for various grades of structural lumber, reported by www.nahb.org/. Framing Lumber Price* 2/7/25 1/3/25 Year Ago Framing Lumber Composite Price[mbf] $438 $435 $390 * Source: National Association of Home Builders, approximated as reported from Random Lengths Lumber Composite Price—$ per thousand bdft. lumber tally. Log Markets In January, Washington’s reported domestic log prices compared to the prior month were relatively unchanged, with eastside ponderosa pine being the exception having a 7% drop. Domestic-mill log prices shown below are WA pond values that are similar to Oregon’s. WA log prices are reported monthly online without fee by WA Dept. of Natural Resources, at: https://www. dnr.wa.gov/programs-and-services/ product-sales-and-leasing/timber-sales/ timber-sale-querylog-prices/. January 2025 WA Delivered Log Prices† WA Coast Region Species & Grade Jan Dec Year Ago Doug fir 2S 731 731 735 Hemlock 2S 472 472 525 Alder 3S 600 600 588 WA Eastside Region Species; camprun Jan Dec Year Ago Doug fir/larch 485 483 503 White fir/hem 439 441 473 Lodgepole 420 426 461 P Pine 368 395 410 † Source: WA Dept of Natural Resources; WA Mill Log Prices; Domestically Processed—$ per thousand bdft; average price; log scale, pond value.
RkJQdWJsaXNoZXIy Nzc3ODM=