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July 1, 2019

US lumber prices continue rising trend at the end of June

US lumber prices continue rising trend at the end of June
The frenzied pace of trading in many US framing lumber species in recent weeks gave way to a calmer tone, although last week’s surge followed through in Southern Pine.   Trading in many species shifted to the secondary level, where wholesalers and distributors were focused on selling from inventories built up in the recent rally. Sticker shock among retailers was a factor, as were the holidays next week in Canada and the U.S.  The Random Lengths Framing Lumber Composite Price rose $9, led by gains in Southern Pine.        ...

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