US lumber prices hit record despite slowdown in sales

US lumber prices hit record despite slowdown in sales
  Western SPF (spruce, pine, fir) lumber prices rose to a four-digit close for the first time on Tuesday, reaching $1,000 US per thousand board feet (MBF).  "The trade magazine pointed to a moderation in sales pace due to cold weather, but prices continued to trend higher," said  CIBC analyst Hamir Patel, citing market watcher Random Lengths.    "Mills also had difficulty shipping orders given the snow and cold temperatures, while heavy rain hampered logging in some regions."    The North American composite lumber price rose about one per ...

Register for unlimited access

We work hard to bring you the latest news in the world of the 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
Yearly subscription - 290€/12 months
password strength indicator
Additional Info

We Accept PayPal
Billing Address