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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Global / North America
September 8, 2022

Outlook for N. American softwood lumber price evolution this autumn

Outlook for N. American softwood lumber price evolution this autumn
In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price of nearby futures was above that price, but the trend remained lower. The current environment favors a consolidation period, and time will tell if lumber continues to hold above its critical technical resistance level.    November futures fail at over $600    After falling below the $500 per 1,000 board feet level in August, lumber futures recovered but could only manage another lower high.    The chart below highlights the ...

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