WebMay 13, 2024 · During the first year of the COVID-19 pandemic, prices of processed wood products, such as softwood lumber and plywood, nearly quadrupled. Wholesale prices … WebJan 19, 2024 · Following a disastrous 2024, when lumber prices sank more than 60%, the industry could see a revitalization as mortgage rates decline from their peaks and supply dynamics come into focus. The...
Why Lumber Won’t Boom In 2024
WebJul 8, 2024 · Lumber prices surged to record highs this year on the back of booming demand from homebuilders and do-it-yourselfers with plenty of time on their hands. The … WebMar 17, 2024 · Lumber producers also had trouble transporting because fewer drivers and trains were operating. The price of lumber attained a record high of $1,686 per thousand … ghadir shawarma poutine
Lumber Prices Down Nearly 40 Percent From May Peak
WebJul 19, 2024 · Lumber prices hit a record high on May 7, at $1,670.50 per thousand board feet on a closing basis. That was more than six times their pandemic low in April of last … WebOct 27, 2024 · Futures contracts fell to $536 per thousand board feet of lumber as of July 16, 2024 — a 68% drop from the record-breaking high of $1,670.50 on May 7, 2024, … WebMay 17, 2024 · Lumber prices fell for the sixth straight day on Monday, even as supply bottlenecks at mills across the US and Canada persist. Specifically, lumber futures fell to $1,327 per thousand board... gh administration\u0027s