Tag: Lumber futures price

Lumber futures price crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market

In the week ending January 21, 2022, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$1,220 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$50,...