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September 23, 2021
Lumber prices in Russia start to fall after more than doubling in the first half
The explosive growth in prices for building materials and timber, which was observed in spring all over the world, has now been replaced by an equally rapid fall. If back in May, lumber futures on the Chicago Mercantile Exchange cost almost $ 1.7 thousand per board foot, now they have fallen in price almost three times. But in Russia so far there is no dramatic reduction in prices. A rapid rise in prices was also observed in the spring in Russia. In just six months, the cost of lumber on the domestic market has doubled: from ...
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