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Lumber: Hardwood lumber and softwood wholesale lumber supply appear to be firming up. Lumber prices as listed by the CME futures are close to $273 for November. Housing start numbers for August were a seasonally adjusted annual rate of 750,000 units, which was about 29% above the July 2011 rate of 581,000. The demand for [...]
Lumber prices are slightly up. Sawmills with timber supply of species such as SY pine lumber, hemlock, and Douglas fir may find that markets are improving. Hardwoods and reclaimed lumber also appear firm as the suppliers search to fill green building demand. On May 21, 2012, lumber price futures for July were listed at $287.90, [...]
Lumber prices for Hardwood lumber and softwood lumber continue to fluctuate. Wholesale hardwood lumber suppliers for red oak, white oak, walnut, cypress, cherry, maple and others still face uncertainty. Lumber price futures are up as the housing market continues to improve. As of 12/23/11, they were at 243.50, which was an improvement of 2.5 points [...]
Hardwood lumber prices and log prices including oak, cherry, walnut, and maple are tied to the global markets. Sawmills and other suppliers of wholesale lumber of hardwood and softwood have been wondering where are lumber & log prices going? Timber traders and sawmills now find China as a major market. During the first half of [...]