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Industry Forecast - Lumber Pricing & Market Predictions

October 21, 2019

LUMBER: Mills took a pause this week as I feel they just don't want to go much lower with still some building season left to the year. I'm thinking this is only a pause however especially if demand continues to be lethargic.

 

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.

 

Paul Tarca

Head of Purchasing 

Concord Lumber Corporation 

ptarca@concordlumbercorp.com

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