The unprecedented rally in the lumber market has begun to falter, but industry analysts expect lumber prices to remain at historically high levels through 2022. Random Lengths, an Oregon-based company that monitors lumber markets, said two each made from western spruce, pine and cedar sold last week for US$1,470 for 1,000 board feet, up from US$130 in the previous weekly survey. decline of. This marks the second consecutive week that the benchmark has fallen since peaking at $1,630 in mid-May. As timber prices remain sky high, forest ...
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