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January 22, 2017

Lumber prices in the US drop, yet remain higher than a year ago

The wintry weather has affected the framing lumber sales last week, while it also caused production and transportation problems.  An overall dull sales pace resulted in more and wider cracks in prices, although producers usually did not aggressively seek orders with hefty discounts. Buyers at all levels of the market stuck to fill-ins, often looking for coverage out of distribution yards and reloads.  The softening trend pushed the Random Lengths Framing Lumber Composite Price down $1, a third-straight weekly dip.     Week Jan 13 Week Jan 6 ...

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