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December 5, 2018

US softwood lumber prices keep on rising

US softwood lumber prices keep on rising
A mostly measured sales pace was reported across the most of US framing lumber species last week. Modest upward momentum from activity in previous weeks carried over in some cases, but soft spots developed as well.     Seasonal slowing was at the heart of the lackluster pace, with wet and wintry weather a factor in some regions. Timing was also a factor, as buyers kept a close eye on year-end inventory levels. Amid modest ups and a few downs, the Random Lengths Framing Lumber Composite Price edged up $1, to $343.      ...

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