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Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....

U.S. Exports Of Logs And Lumber Continue Slide

U.S. Exports Of Logs And Lumber Continue Slide U.S. exports of logs and lumber via ocean container declined year-over-year in January for the fourth consecutive month, partly because of declining demand from China and unfavorable exchange rates. After growing 9...