The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per ...
The Trump administration’s plans to slap new tariffs on imports from Canada and other countries could set off new waves of ...
The Palisades, Eaton and Hurst wildfires in Southern California have destroyed more than 12,000 structures, raising the ...
With California wildfires triggering a massive rebuilding process that could take several years, investors are looking closer ...
Shortages in labor and materials will add to strain in rebuilding communities affected by wildfires in Los Angeles.
Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...
"A lot of contractors who didn't stay close to the market got themselves obligated to a project" with bids based on outdated lumber prices, said Denis Englander, a lumber buyer at Channel Lumber ...
Lumber prices based on the most active futures contract have climbed by more than 7% so far in the new year, already outpacing 2024's modest 1.3% rise, according to Dow Jones Market Data.
The global lumber and wood market plays a crucial role in various industries, including construction, furniture, and packaging. As one of the most versatile building materials, lumber is essential ...
Lumber prices, more dependent on local pricing and ... I-beams and wide-flanges when ENR’s sources for mill prices left the structural market. Does ENR revise the indexes? Yes.