Industry Forecast - Lumber Pricing & Market Predictions
LUMBER: So far through the winter we saw prices come off from higher levels in the Fall months. That trend in the market flattened out in January and became firm, and this week has turned back up a notch. Demand has been somewhat steady which has forced buyers to keep inventory levels up. Mill curtailments added to some issues on the supply side thus driving the market up.
PANEL: The panel side of the market has seen much the same trend as dimension and has also firmed up this week. Both panel and dimension markets will now be dictated by true demand.
Paul Tarca
Head of Purchasing
Concord Lumber Corporation