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February 19, 2018

US lumber prices near the all-time high

US lumber prices near the all-time high
Framing lumber prices in the US picked up after a midweek drop, while many key prices continued for forge higher. Moreover, many price records fell, while many other prices having already far surpassed previous highs moved higher still.    Despite a growing sense of angst among customers, many secondaries extended their long positions, seeing little downside risk in the near term. The Random Lengths Framing Lumber Composite Price hit the $500 mark, closing in on its all-time high of $510.          Week  Feb 16  ...

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