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May 21, 2018
Lumber prices in the US go further into record-highs
Framing lumber prices in the US reached further record-highs during last week, as robust seasonal demand overwhelmed supplies. Steep double-digit price hikes were the rule in all species, with buyers and sellers acknowledging that this run was unprecedented. Producers’ attempts to dissuade buyers with sharply higher quotes typically failed, as buyers stepped up and readily paid those asking levels. The Random Lengths Framing Lumber Composite Price skyrocketed $25 for the week to a record $568. Week May 18 ...
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