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Framing lumber prices surge: supply strains push market to near annual highs
Read a snippet of our weekly lumber report, featuring expert analysis on the factors influencing key price trends.
October 28, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
New stimulus measures could boost Chinese lumber demand
In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.
October 25, 2024
·
By Peter Malliris
Insights
War, weather and walkout hinder transportation of North American wood products
Traders dealing with offshore shipments have faced numerous challenges this year, with a sharp decline in transits in the Panama Canal this year compared to 2023.
October 22, 2024
·
By Gary Zauner
Insights
Framing lumber prices continue to climb as supplies tighten
Access a snippet of the weekly lumber market commentary, featuring insights from our experts on the third consecutive weekly price increase.
October 18, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
Lumber market sees modest gains amid hurricane aftermath and regional trading variations
Read an excerpt of our weekly lumber commentary, this week featuring insights on the impacts of Hurricanes Helene and Milton.
October 11, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
Softwood lumber market thrown into turmoil following strikes and Hurricane Helene
Read an excerpt of our weekly Lumber Market Report, examining the impacts of Hurricane Helene.
October 7, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
SYP mills take production offline, with mixed results
“There’s just no fear in the marketplace," one source said.
October 4, 2024
·
By Ted Shorack
Insights
Large gap in Ponderosa Pine Shop #2 and #3 narrows
Learn about how wildfires have influenced lumber prices in recent years.
October 1, 2024
·
By Gary Zauner
Insights
Softwood lumber demand remains consistent despite uptick in economy
Read a snippet of our weekly lumber market report, including insights and analysis on price changes and market movements.
October 1, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
Southern Yellow Pine traders anticipate narrow trading range through 2024
Southern Pine lumber has experienced historically low price volatility in 2024, with a narrow trading range and conservative trading strategies expected to continue through the year.
September 12, 2024
·
By Peter Malliris
Insights
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