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April 30, 2020
North American softwood lumber prices recover from lows of two weeks ago
Given the wee surge last week, North American softwood lumber prices have bounced from lows of two weeks ago. Whether they will remain there in the short term, or if restricted supply will drive another surge upward, remains to be seen. The upheavals of the past month or two are far from over. The wholesaler price of several benchmark softwood lumber commodities last week recovered losses from two weeks previous, to land at levels of early April. Prices of benchmark softwood lumber commodity item Western Spruce-Pine-Fir KD 2x4 #2&Btr (RL) kissed exactly ...
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