Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
September 8, 2020
US lumber market: Sawmills struggle to supply
The price of lumber in the Chicago futures market is at an all-time high. The demand for lumber is very strong in the United States, as sawmills struggle to supply. The coronavirus is still involved. Wood is the raw material that has benefited the most from the coronavirus this year. The price of a thousand board feet, the equivalent of 2.36 cubic meters, has more than doubled since January on the Chicago Stock Exchange. It exceeds 800 dollars, an absolute record. Many Americans, kept at home during the Covid-19 ...
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