Industry Forecast - Lumber Pricing & Market Predictions
LUMBER: Another tough week in the lumber market as prices came off double digits again for the third week in a row. Mills have announced massive curtailments on production to hopefully get to where supply is equal to demand however during this uncertain time I don't think anyone knows what those numbers are.
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