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October 30, 2018
US lumber prices at lowest levels in two years
Disappointment permeated US framing lumber markets, as trading lacked follow-through from the previous week’s pickup in sales. One brighter spot was a modest increase in sales of Southern Pine, as some prices reached what buyers called “investment levels.” Elsewhere, however, a quiet, if not gloomy, tone left prices stalled at best, and many continued to fall — some to levels not seen in two years. The Random Lengths Framing Lumber Composite Price fell $14, to $346, its lowest level since April 2016. This ...
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