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August 22, 2016

Lumber prices in the US dropped last week

Framing lumber sales were weak at the middle of August, while the prices decreased for several wood species. The fear of downside risk caused by the weather and the vacation was the reason for the stagnation. While the cuts were generally modest, some double-digit declines were posted in Southern Pine. The Random Lengths Framing Lumber Composite Price slipped $1, its first drop since July 1.     This Week Aug 19 Last Week Aug 12 Year Ago 2015   Random Lengths Framing Lumber Composite Price* $368 $369 ...

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