{"id":88182,"date":"2024-10-22T08:35:52","date_gmt":"2024-10-22T08:35:52","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-lumber-prices-continue-to-climb-as-supplies-tighten\/"},"modified":"2025-09-19T09:03:00","modified_gmt":"2025-09-19T09:03:00","slug":"us-lumber-prices-continue-to-climb-as-supplies-tighten","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-continue-to-climb-as-supplies-tighten\/","title":{"rendered":"US lumber prices continue to climb as supplies tighten"},"content":{"rendered":"

<\/span>Sales momentum and tighter supplies pushed U.S. framing lumber prices higher across multiple species. Despite rising mortgage interest rates, positive sentiment from single-family homebuilders grew, with traders awaiting the release of September housing starts last Friday.<\/p>\n

The Random Lengths Framing Lumber Composite Price marked its third consecutive weekly increase, climbing by $8 to reach $411, the highest level since April.<\/p>\n

In the Western S-P-F market, buyers topped up limited inventories, with some securing occasional insurance loads due to perceived supply constraints. Several mills raised prices after nearly every sale, though the highest levels remained untested. Narrow widths of #2&Btr saw some of the most significant one-week gains of the year.<\/p>\n

The November futures contract saw moderate activity, trading slightly below last Friday's close despite strong cash gains. The futures market continued to show a premium over most species.<\/p>\n

In the South, the upward price trend slowed toward the end of the week, with sales settling into a steady, though less heated, pace. Hurricane Milton\u2019s aftermath led to a modest increase in demand for materials needed for repairs like fencing in areas on the storm's periphery. However, regions directly affected by the hurricane and severe flooding remained in recovery, with any significant impact on lumber demand still months away.<\/p>\n

Meanwhile, uncertainty surrounding the upcoming presidential election kept buyers cautious. Surpluses at mills led to deeper discounts, with 1x10 excesses in several markets continuing to weigh down prices.<\/p>\n

\"\"<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Sales momentum and tighter supplies pushed U.S. framing lumber prices higher across multiple species. Despite rising mortgage interest rates, positive sentiment from single-family homebuilders grew, with traders awaiting the release of September housing starts last Friday. 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