N. American lumber price rally seems to stall

N. American lumber price rally seems to stall
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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