Lumber prices take 50% plunge

Industry News

However, some analysts predict that lumber prices won’t revert back to their pre-pandemic level of 2019. It is likely that many retailers still have leftover stock purchased at higher prices while producers are cautious about flooding the market. Read next: What falling lumber prices mean for Canada’s housing market Since the start of the pandemic,…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Lumber CFTC COT lumber futures update…The funds shorts are going all in!
Inflation Reduction Act extends ‘pass-through’ tax break limits for 2 more years. Here’s what that means for entrepreneurs
Wildfire risk map pulled back
Low Duty Rate of Softwood Lumber isn’t enough
The “critical difference” between housing market now and 2008 crash: Expert