{"id":79346,"date":"2020-06-11T06:58:48","date_gmt":"2020-06-11T06:58:48","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/"},"modified":"2025-09-19T08:53:29","modified_gmt":"2025-09-19T08:53:29","slug":"us-lumber-prices-see-surprise-win-americans-renovate-homes","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/","title":{"rendered":"US lumber prices see surprise win as Americans renovate homes"},"content":{"rendered":"<div class=\"article-content\">\n<p><em>Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was expected to curb demand.<\/em><\/p>\n<p>Prices soared 15% in April and have gained another 15% this month, placing them among the best performing commodities tracked by Bloomberg.<\/p>\n<p>Aggressive supply cuts from big producers such as West Fraser Timber Co. and Canfor Corp. have tightened supplies at a time when people staying in and deciding to fix up their homes, said Kevin Mason, managing director of Vancouver-based ERA Forest Products Research.<\/p>\n<p>\u201cYou had a lot of people saying, \u2018gee I\u2019m stuck at home let\u2019s build that deck, let\u2019s fix up whatever we need to fix,\u201d said Mason, noting the repair and remodel segment accounts for about 40% of the lumber market.<\/p>\n<p>The coronavirus pandemic was expected to weigh on lumber markets as stay-at-home orders shuttered permitting offices and surging unemployment curtailed demand. On April 1, the price touched $251.50, the lowest for a most-active contract since February 2016.<\/p>\n<p>Despite the gloom, there\u2019s optimism that the housing market is bouncing back with mortgage rates at record lows. More people are being given the option to work from home and may decide to upgrade their existing space or consider moving to a bigger house to accommodate an office, Mason said.<\/p>\n<p>\u201cThe business didn\u2019t slow nearly as much as expected,\u201d Mason concluded.<\/p>\n<\/div>\n<h2 class=\"section-title\"><\/h2>","protected":false},"excerpt":{"rendered":"<p>Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was expected to curb demand. Prices soared 15% in April and have gained another 15% this month, placing them among the best &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3325,3945,4146],"class_list":["post-79346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-housing","tag-lumber-prices","tag-us-lumber","topic-forestry","topic-industry-prices","topic-sawmilling","area-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US lumber prices see surprise win as Americans renovate homes - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US lumber prices see surprise win as Americans renovate homes - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was expected to curb demand. Prices soared 15% in April and have gained another 15% this month, placing them among the best &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-11T06:58:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:53:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber_cover-26.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1140\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"US lumber prices see surprise win as Americans renovate homes\",\"datePublished\":\"2020-06-11T06:58:48+00:00\",\"dateModified\":\"2025-09-19T08:53:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\"},\"wordCount\":235,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber_cover-26.jpg\",\"keywords\":[\"housing\",\"lumber prices\",\"US lumber\"],\"articleSection\":[\"Latest Trends\",\"Market Analysis\",\"Wood Industry Prices\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-see-surprise-win-americans-renovate-homes\/\",\"name\":\"US lumber prices see surprise win as Americans renovate homes - 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