US lumber prices rose by 20% in mid-July. Before that, lumber prices had fallen to their lowest level in one and a half years. The price increase was triggered by significantly more housing starts in the USA and falling mortgage interest rates.
US lumber prices rise 20% in July-rally comes completely unexpectedly
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!
