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February 23, 2016

US lumber&panel prices in mid-February

A midweek surge of orders in many species was the highlight of the framing lumber market. After a slow start, attributed largely to holidays in the U.S. and Canada on Monday, buying picked up on Wednesday afternoon and carried solidly into Thursday. One major exception was Southern Pine, as sales faded from the previous week’s action; traders cited a litany of concerns, from the weather to the economy. Nonetheless, gains in other species nudged up the Random Lengths Framing Lumber Composite Price.      This Week Feb 19 Last Week Feb ...

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