WebRoofing material prices had normalized last quarter, but there’s been a nearly 6% increase since then. This was an expected increase, though, and hopes are that costs will remain the same for a bit, providing some relief through Q2 2024. That may be short-lived, as the cost of raw materials continues to rise. WebLumber futures fell 3% to $392 per thousand board feet on Wednesday, and the essential building commodity has suffered a nine-day losing streak that has erased 24% off of futures' pricing. The 25% ...
Lumber Price Forecast for 2024 - Wood Dad
WebWood Industry Prices. In February 2024, Swedish sawn timber export prices slightly decrease by -0.3% compared to the previous month. They also remain below February 2024 by -27.8%. Compared to January 2024, the prices of pine sawn timber increased by +0.1% and those of spruce sawn timber decreased by -0.6%. WebJul 11, 2024 · Prices peaked in May of 2024 at nearly $1,700 per 1,000 board feet (mbf) and have since dropped about 62 per cent. Scott Wetaski, a sales trader with Canadian … asi rna
As Lumber Prices Fall, the Threat of Inflation Loses Its Bite
WebJul 8, 2024 · Meanwhile, domestic sawmill output rose just 3.3%. As a result, lumber prices soared — from $349 per thousand board feet in April 2024 to $1,514 this May, according to the trade journal ... WebApr 6, 2024 · Get the latest Lumber price (LBS) as well as the latest futures prices and other commodity market news at Nasdaq. WebJun 21, 2024 · The futures price of lumber in March 2024 was $303.40 per thousand board feet. That cost more than quintupled over the following 14 months, reaching a high of … asuransi wahana tata karir