N. American lumber prices could very easily jump to new record highs this year

N. American lumber prices could very easily jump to new record highs this year
     Lumber prices in North America could head to $1300 per thousand board feet.   The price target represents a 12% jump from lumber's Tuesday closing price.   Housing demand, lagging supply, and the upcoming hurricane season are all set to drive the price of lumber higher.    Piper Sandler's Craig W. Johnson, CFA, CMT said he believes lumber prices could "very easily" move above $1,300 per thousand board feet this year even after notching a record high in April.    That figure represents a 12 ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
Checkout Options
Yearly subscription - 290€/12 months
password strength indicator
Additional Info




We Accept PayPal
Billing Address

Keywords