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 ...
Instead of scaling back and waiting for prices to bounce back, they're stuck producing lumber for a market that doesn't need it. It's a prisoner's dilemma, but for wood. "They have cash-flow ...
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 ...
Since the pandemic lockdowns began in 2020, softwood lumber prices have added $14,345 to the price of a new single-family home and $5,511 to the market value of an average new multifamily home ...