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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / North America
July 19, 2021

Party ends for Canadian lumber producers as lumber prices crash

Party ends for Canadian lumber producers as lumber prices crash
North American lumber prices have crashed in a short time span, taking only eight weeks to tumble 70 per cent from record highs as the party ends for forestry companies.    The price sawmills charged wholesalers – known as the cash price – was US$485 for 1,000 board feet this week for two-by-fours made from Western spruce, pine and fir (SPF), compared with US$1,630 in mid-May, according to Random Lengths, an Oregon-based company that monitors wood markets.    “The deep slide from record-shattering levels extended to an ...

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