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August 16, 2018

US lumber prices continue downward trend in August

  The plunge in framing lumber prices in the US was unabated, but another round of steep discounting drew in more inquiries and orders compared with recent weeks.  Traders sensed that customers were more comfortable with lower prices, while the need for some buyers to replenish was evident after weeks on the sidelines. The Random Lengths Framing Lumber Composite Price fell for a ninth consecutive week.      Week Aug 10 Week Aug 3 Year Ago 2017   Random Lengths Framing Lumber Composite Price* $440 ...

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