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September 18, 2020
N. American softwood lumber prices flatten or drop slightly as autumn comes on
Most standard construction framing dimension softwood lumber commodities could level off or even start dropping, and that’s exactly what has happened. Players and industry insiders say that supply is improving as sawmills are able to get more lumber production online, just as the usual seasonal drop in demand arrives. However, the massive wildfires in the U.S. west coast — which have already caused huge damage to property — and looming storms in the U.S. southeast, could bring a surge in lumber and especially plywood demand for repairs and rebuilding of damaged or destroyed property.  ...
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