The U.S. lumber market experiences a positive shift as plywood and softwood prices show signs of stabilization and recovery in April. Plywood prices, which had seen a significant decline in the past, demonstrated resilience with a marginal decrease of 0.2% from March to April 2023. This slight drop may indicate that a potential price bottom has been reached. Softwood lumber, another critical commodity, experienced an encouraging 6.2% increase in prices from March to April 2023. This notable rebound indicates a potential turning point after witnessing substantial declines in previous months. The start of the construction season ...
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