Daily News / Global Trends / Market Analysis / Wood Industry Prices / Lumber / Sawmilling / Statistics / Wood Products / Global / North America
May 27, 2019
US lumber prices fell sharply last week
Trading remained a grind, as sellers stepped up efforts to move prompt loadings while buyers limited purchases to must-have needs. Many traders anticipated the long holiday weekend, maintaining a cautious approach to see what develops next week. Prices trended downward in most all framing lumber species, and the Random Lengths Framing Lumber Composite Price sank $10, to $335. Traders widely cited an imbalance in supply and demand, with many needs easily covered in local distribution or from secondaries working down their own inventories.   ...
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