Industry Forecast - Lumber Pricing & Market Predictions
Mills have taken a very aggressive and defensive stance until a Softwood Lumber Trade Agreement decision is made on April 24th. Prices continue to rise at alarming rates and our industry has now set ourselves up for what will be a long and difficult road ahead. Not only will the market remain unpredictable for the next ten days leading up to a decision, but it will take several weeks following the trade deal for the market to readjust and simple supply and demand to become the main factors in determining market price.
Paul Tarca
Head of Purchasing
Concord Lumber Corporation