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September 3, 2018

US lumber prices continued to rise last week

US lumber prices continued to rise last week
Amid a mix of expectations coming into the week, only those at the low end of the spectrum were met. Buyers waited to see what developed after the holiday, with many questioning whether current prices represented “good values.”    Producers rode order files or dug in against deep counters. Weakness in futures, with the September contract close drawing near, kept buyers cautious or anticipating opportunities through the board. On the strength of Southern Pine #2 2x4, the Random Lengths Framing Lumber Composite Price ticked up $2.            ...

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