Daily updates on the state of the timber markets, delivered straight to your inbox.

June 22, 2021

US lumber enters a bear market with prices down 20% from peak

US lumber prices are falling—fast.  On Tuesday, the price per thousand board feet fell $114 to $1,210, according to industry trade publication Fastmarkets Random Lengths. This comes after its record $122 decline last week. In all, the "cash" price of lumber is down 20%—the threshold in the securities world for a bear market—since the $1,515 all-time high set on May 28. What's driving the dip? Homebuilders and DIYers alike are finally balking at the exorbitant price of lumber. Indeed, new home construction in May is down 8.8% from the ...

Register for unlimited access

We work hard to bring you the latest news in the world of 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!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.