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June 17, 2019
US lumber prices pick up after weeks of decline
Additional and significant curtailments announced in British Columbia jolted the framing lumber market out of a five-week losing streak. While dramatic price volatility was limited to Western S-P-F, the impact bled into other species, with mills firming quotes and raising prices moderately in late trading. Aggressive increases by B.C. mills resulted in some $60-80 shifts in sales levels from the previous week to where mills quoted Thursday. Led by Western S-P-F, the Random Lengths Framing Lumber Composite gained $7.   ...
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