You Searched For "lumber shortage" and got 20 results
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2 mins read
Lumber prices are up 29% in February as pace of economic reopening sparks new rally in global commodities
Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, g…
Isabelle Lee  Â
2 mins read
Lumber prices feed into a network of seemingly unrelated goods. Here's why it might be making your milk more expensive.
There is a "dense interconnection" among scarce resources, Steven E. Rhoads once wrote in his econo…
Natasha Dailey  Â
2 mins read
2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles c…
Isabelle Lee  Â
2 mins read
Lumber prices have already bottomed - and 3 forces will drive them higher going forward, one investment head says
Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emer…
Isabelle Lee  Â
2 mins read
3 factors will keep lumber prices elevated despite a multi-week decline, an economist says
As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-…
Isabelle Lee  Â
2 mins read
Lumber prices are on pace to plunge 45% in June after a record-breaking rally driven by homebuilding demand
"I would not be surprised at all if we see the price continue to trail lower than $600 or below tow…
Isabelle Lee  Â
3 mins read
Lumber prices are cooling after rallying over 400% in 12 months. Here is where 4 experts say the red-hot commodity goes from here.
Experts told Insider that the price of lumber could go down to $600 per thousand board feet in the …
Isabelle Lee  Â
2 mins read
Lumber prices reverse early slide, but pandemic-driven boom shows signs of weakness
Lumber future avoided their 10th straight down day on Tuesday recovering from as low as $944 per th…
Will Daniel  Â
2 mins read
Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high
Lumber prices are now down roughly 40% from their May 7 peak, but are still up over 175% over the p…
Will Daniel  Â
2 mins read
The price of a plywood substitute that used to be cheap is hitting repeated record highs even as lumber's rally cools
The price of a formerly cheap plywood substitute call oriented strand board has surged 97% since th…
Isabelle Lee  Â
3 mins read
US authorities move to double tariffs on Canadian lumber despite a meteoric rise in prices and demand
"US duties on Canadian softwood lumber products are a tax on the American people," said Mary Ng, a …
Will Daniel  Â
2 mins read
Lumber prices avoid 7th straight decline with late-day surge as the commodity's blistering 250% rally whipsaws
Lumber prices avoided a seventh straight day of losses after spiking positive right before 3:30 pm …
Will Daniel  Â
2 mins read
Lumber prices fall for the 8th straight day to near $1,000 per thousand board feet for the first time since March
After a blistering rally, lumber prices have now fallen approximately 37% from May 7 record highs o…
Will Daniel  Â
2 mins read
Lumber prices fall for an 8th straight day, deepening a roughly 30% pullback
Lumber futures fell to roughly $1,200 per thousand board feet on Wednesday continuing an 8-day rout…
Will Daniel  Â
5 mins read
6 reasons why lumber prices are soaring in record-setting fashion - and why demand won't die down anytime soon, according to 2 experts
Lumber futures ended an 8-day pullback on Thursday, with prices rising from $1201 per thousand boar…
Will Daniel  Â
2 mins read
Lumber prices decline for a 6th straight day even as supply bottlenecks persist
Lumber futures fell to $1,327 per thousand board feet on Monday in the sixth day of reprieve for ho…
Will Daniel  Â
2 mins read
Lumber prices top $1,600 for the first time ever as the ongoing homebuilding craze drains supply
Lumber prices have pushed the average price of a new single-family home up by $35,872, according to…
Will Daniel  Â
1 min read
Lumber prices have soared 230% in the last year, pushing timber and homebuilding ETFs to record highs
Exchange-traded funds that track timber, forestry, and homebuilding stocks have rallied as lumber p…
Emily Graffeo  Â
3 mins read
A 325% surge in lumber prices over the past year has pushed new-home prices up by $24,000 apiece
Lumber prices reached more than $1400 per thousand board feet on Monday and experts say it's a grea…
Will Daniel  Â
2 mins read
Lumber prices could climb another 12% this year after hitting a record high in April, Piper Sandler strategist says
Piper Sandler's technical market strategist, Craig W. Johnson, says lumber prices will rise to over…