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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood Products / Global / North America
May 20, 2020

Pandemic pushes US lumber prices higher

Pandemic pushes US lumber prices higher
Rising demand stemming from a surge of do-it-yourself projects from consumers working at home coupled with restricted supply due to US lumber mills operating at a diminished capacity have led to a recent upsurge in lumber prices.     The latest Random Lengths Framing Composite Price for the week ending May 15 rose by 6.3% to $406 per thousand board feet — the first time the index topped $400 since March 20, 2020.    Framing lumber prices have increased 13% since May 1 — the largest two-week increase in over a decade and ...

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