There aren't many adjectives left to describe these non-stop increasing lumber prices. Customers who regularly make large-volume lumber purchases remain underbought and can no longer delay booking orders, as they wait in hopes that prices will go down. Supply continues to be incredibly scarce. U.S. housing starts data for March 2021 has been released; activity is up significantly compared to one year ago. Indeed, permits for total housing starts are up +30% while permits for single-family starts are up +36%. This indicates there is significant upside yet ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!