US Softwood lumber price lowers 15% since last year

Sales of framing lumber picked up overall, but downside pressure on prices intensified in a few regions, namely the Inland West and South. A few curtailments in Western Canada drew attention, and contributed to a mildly firmer tone in the S-P-F market. But the downward price trend was unabated and grew steeper in Southern Pine. Traders in many SYP markets said this was due in part to competitively priced Canadian S-P-F. All told, the Random Lengths Framing Lumber Composite Price fell $6, to $321.             ...

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