Lumber prices bounce on equitable supply-demand balance

Industry News

The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials in North America. Indeed, so successful that prices bounced almost back up to the levels of the week prior. While sales volumes still were not optimal, looming seasonal curtailments motivated somewhat reluctant customers to pull the trigger…

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

Articles You May Like

U.S. builder confidence underwater after falling for 8th consecutive month : NAHB
“The likelihood of a severe downturn in U.S. housing has increased” writes Fitch Rating researchers.
Via Dinarica Week 2! Entering Croatia.
Lumber Futures – August 12, 2022
ABC Supply opens Oregon location