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July 15, 2019

Pace of growth in US lumber prices slows

Pace of growth in US lumber prices slows
Lumber prices in US edged up 2$ over the previous week, after several weeks of considerable growth  Framing lumber trading was measured through the week, disappointing some who had expected a more active pace after the holiday. Instead, mill order files thinned, while secondaries worked down offerings on their lists.    Retailers and end-users largely maintained a just-in-time approach, sensing no immediate tightening in the distribution system. Prices were flat to mixed across species. The Random Lengths Framing Lumber Composite Price edged up $2 on strength in Southern Pine and green Douglas ...

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