Industry Forecast - Lumber Pricing & Market Predictions
LUMBER: First off I'm hoping all of you reading this are in good health. Obviously we find ourselves in some uncertain times and the market is reflecting that. Lumber is a commodity, like gas and oil, and prices are dropping.
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