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Industry Forecast - Lumber Pricing & Market Predictions

March 28, 2020

LUMBER: Another tough week in the lumber market as prices came off double digits again for the third week in a row. Mills have announced massive curtailments on production to hopefully get to where supply is equal to demand however during this uncertain time I don't think anyone knows what those numbers are. 

 

PANEL: It's pretty much the same news on sheet goods. Both panel and spruce markets are eroding rapidly. Prices will struggle to find a bottom but we will get there.  

Paul Tarca

Head of Purchasing 

Concord Lumber Corporation 

ptarca@concordlumbercorp.com

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