Lumber prices are rallying again and are scaling above seven-month highs as three key trends drive the red-hot commodity upward, according to Joe Sanderson of Domain Timber Advisors. Lumber ...
Lumber price have probably found a bottom at current levels, but will remain higher than average for the next few years, a lumber trader told Insider. Stinson Dean, CEO and founder of Deacon ...
And then there was lumber mania, when lumber prices soared to records. Once we all were cooped up in our homes, many people looked around, realized they hated their abodes, and decided it was time ...
VANCOUVER, BC, Nov. 20, 2024 /CNW/ - The Madison's Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%, or +$14, from the previous week when it was US$481.
Like crude oil and copper, lumber prices indicate economic health and well-being. Moreover, lumber is a barometer of the demand for new housing, as those two-by-fours are crucial ingredients in ...