Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
One of North America's largest lumber producers said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made earlier this year amid tumbling demand and prices for ...
Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...
Volatile lumber prices are causing uncertainty for construction businesses. In April 2025, the price of softwood lumber was 23% higher than the previous year. Lumber futures in Q1 2025 surged on fears ...
(Bloomberg) -- US lumber prices, which already have risen in recent months due to lower production in Canada, could see further gains after President-elect Donald Trump’s proposed tariffs on trade ...