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Woodworking lumber prices
The four-month increase is almost exclusively due to the dramatic rise in softwood lumber prices which advanced 14.9 in August. The lumber futures curve suggests prices will fall hard by May 2021. Prices of excluding energy increased 1.0 over the month.
Prices have increased nearly 50 since April the largest four-month gain in the history of the unadjusted data series which dates back to 1949.
Woodworking Data from Buck Lumber also shows the price of spruce wood has increased 25 in the last 30 days and 50 in the last year. All plywood prices have increased 19 in the last 30 days and 61 in the The spot price of lumber that of the September September 14 2020 was a history making day in the lumber futures markets. Get the latest Lumber price LBS as well as the latest futures prices and other commodity market news at Nasdaq.
Lumber futures continued to trade near 600 per 1000 board feet in October well below record high of 1000 reached in mid-September as prices made their seasonal correction amid weak demand from DIYers while extreme weather started to restrict home construction in the northern US. Lumber has been the top-performing major raw material this year on the back of robust demand from the renovation
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