We’re just a few weeks into a new year but in the North American softwood lumber market, 2021 is beginning to feel a lot like 2020. Southern yellow pine (SYP) lumber prices set new records last fall before finishing the year with a tremendous rally thanks to strong demand driven by late-season mild weather, and prices have moved even higher in the new year. Composite SYP lumber price for the week ending January 22 (week 3) was $945/MBF, a 3.2% decrease from the previous week’s price of ...
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