Lumber increased 19.12 USD/1000 board feet or 3.48% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated o
Of course, new homes require a lot of lumber, thus exacerbating the shortage. On the supply side, lumber production is finally rebounding: Wood production hit a 13-year high. But that can only do so much. Limited mill capacity combined with labor shortages, mean supply can’...
In August, mills quietly and limitedly cut back production as prices of many items fell below breakeven levels. The prices for #2 2×6 were especially weak. Companies followed with more substantial and publicly announced curtailments and closures. Fastmarkets/RISI estimates Southern Pine lumber mill...
Agriculture & lumber CommodityLast price/ contractToday's change1-year trendLow52-weekHigh Heating Oil As of Jan 16 2025 06:32 GMT. 2.63 USD+0.0116 +0.44% 2.04Sep 11 20242.97Feb 09 2024 WTI Crude Oil As of Jan 16 2025 06:32 GMT. ...
Aug. 19, 2024 at 8:02 a.m. ETby James Rogers BanksWall Street Could See Big Bonuses This Year Aug. 9, 2024 at 9:16 a.m. ETby Barron's U.S. IPO market’s $23.2 billion in year-to-date proceeds exceeds the $19.4 billion raised for all of 2023 ...
This influx of buyers is only further driving up the price. On Friday, the price of lumber per thousand board feet jumped to $1,048, according to Random Lengths. That’s an all-time high, and up 193% from a year ago. That price jump is unlikely to be...
US: Softwood lumber price 15% lower than last yearUS Softwood lumber price lower than last year
theFastmarkets Random Lengths Framing Lumber Composite Price (FLCP)has rebounded and then averaged about $400 per MBF in January 2024. However, this is still lower than the index average last year of $411 per MBF. So, while mills are happy with the direction prices are moving, at these le...
Wood products makers downgraded on lower housing demand, falling lumber prices Jun. 23, 2022 at 1:58 p.m. ETby Tomi Kilgore PotlatchDeltic to create new jobs in Arkansas as part of $131 million sawmill expansion Jun. 6, 2022 at 6:07 a.m. ETby Tomi Kilgore ...
The price of lumber fluctuated wildly over the past 3 years, ending up 57% more expensive now than in 2019. In May 2021, the price of lumber reached the record price of $1,670 per thousand board feet, with the producer price index of 452. These cost hikes raised the price of ...