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October 16, 2019
US softwood lumber price lost ground
The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr dropped another -$8 last week as customer reluctance to buy won over supplier stubbornness to keep prices higher. For their part, many specialty items like Douglas fir green, studs in Eastern Canada, and plywood dropped significantly as players were better able to assess the supply-demand balance. Having just been celebrated in Canada, the U.S. Thanksgiving long weekend looms into view. This date usually marks the beginning of real slow-down of construction activity in ...
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