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....

North American Lumber Prices Begin Their Climb

Spot lumber prices, as reported by the industry publication Random Lengths, headed lower in the final months of 2014 before tumbling in the first 4months of 2015. At the end of April, spot spruce pine fir (S-P-F) 2×4 #2&Btr mill prices stood at $249 per...

U.S. Hardwood Lumber Demand Indicator Lags Year-Ago Levels

Hardwood Publishing says its latest Leading Hardwood Demand Indicator (LHDI), while rising in the March through May 2015 period, is falling behind the levels of 2014. A big unknown: how much lumber China will be buying. The LHDI, a forecast of future demand for U.S....

U.S. Lumber Price Falls Due To Overcapacity

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...

U.S. Lumber Prices Soften In Seasonal Slowdown

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...