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

October 22, 2024

US lumber prices continue to climb as supplies tighten

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

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.