by Web Editor | Aug 26, 2015 | News
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....
by Web Editor | Jan 30, 2015 | News
Lumber is used in a variety of industries in the United States, but the price of lumber is primarily dictated by the health of the housing and construction industry. Americans may be viewing the economy more optimistically since last year, but their outlook on the...
by Web Editor | Oct 6, 2014 | News
U.S. lumber prices softened in mid-September on a seasonal lull in construction industry orders during another year in which hopes for strong gains in housing starts were disappointed, industry experts said. The framing lumber composite price, an industry benchmark...
by Web Editor | Aug 1, 2014 | News
U.S. timberland accelerated its price growth, despite some lumber market concerns centered on China and the domestic market, which prompted one of the top forestry groups to warn on profits. U.S. timberland prices were 7.2% higher in the April-to-June quarter than a...
by Web Editor | Jun 23, 2014 | News
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital Economics, a London-based...