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Daily News / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood-based panels / Global / North America
May 15, 2018

US lumber prices soared as pressing needs increased

US lumber prices soared as pressing needs increased
Lumber prices in the US went higher during last week, as buyers tried to cover pressing needs. Extended mill order files, rail and truck shortages, and pent-up seasonal demand generated a frenzied market tone.    Heavy substitution for limited supplies of Canadian S-P-F helped generate a surge of orders in western species and Southern Pine. Buyers often paid little heed to prices, and put the priority on finding the quickest shipments possible.    The Random Lengths Framing Lumber Composite Price skyrocketed to a record $543.       ...

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