Industry Forecast - Lumber Pricing & Market Predictions
LUMBER: Last week I mentioned I didn't see any price appreciation coming and this week prices came off again, this time just a bit steeper on the eastern side with studs and 2x4 random leading. 2x6 and 2x8 held their price and western 2x10 and 2x12 saw more weakness. Winter pricing coming early perhaps?
PANEL: This week finally saw some panel prices come off. Some buyers stepped in and bought at lower levels. I look for more depreciation in this market as well, however, OSB really can't go much lower.
Head of Purchasing
Concord Lumber Corporation