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October 10, 2016

Uncertainty for the US lumber prices at the beginning of October

The framing lumber market in the US was in a complicated situation regarding the supply and demand during last week. One of the main issues that hit the Eastern Seaboard was the approach of Hurricane Matthew, a Category 4 storm that was expected to make first landfall in the U.S. along the coast of Florida. Next week’s end of the standstill period under the expired Softwood Lumber Agreement was a factor, as well, as it marks the point at which U.S. interests could file a trade case against Canada. Random Lengths Framing Lumber Composite Price rose $2.

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