North American lumber prices soared as much as 13% on Friday as the housing market shows signs of life for the first time in over a year. Lumber futures jumped to $524 per thousand board feet, its highest level since mid-October. … Continue reading

The post North American lumber prices up 13% as the housing market shows signs of a rebound appeared first on Timber Industry News.

Full Article

Sign Up for Our Newsletters

Get notified of our top breaking news

You May Also Like

The European sawmill industry is skeptical about the third quarter of 2022

The first months of 2022 were very positive for the industry thanks…

Belgium: Worries about availability of wood; prices on the rise

Wood traders in Belgium are currently experiencing an unusually high demand for…

The European sawmill industry is skeptical about Q3/2022

The first months of 2022 were very positive for the industry thanks…

SCA reports sharp fall in its wood division on lower prices and higher costs

SCA’s wood division saw a 30% fall in EBITDA in 2022 compared…