Daily News / Global Trends / Market Analysis / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / North America
September 14, 2020
US lumber prices expected to fall with autumn’s approach
Lumber prices notched a record on Thursday but are likely to fall back to earth. September lumber futures closed at $939 per thousand board feet, eclipsing the previous high mark set on Sept. 1 and pushing to 47% its climb above the commodity’s prepandemic high. There are a few more days for prices to push farther into record territory before that futures contract expires on Sept. 15 and prices make their seasonal step down. Most trading has moved to November futures, which closed Thursday at $611.40 ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!