US softwood lumber prices continue to rise

On 18 May - at an average US$647/1,000 bdft for the benchmark grade SPF 2x4 #2&Btr ex mill - the value increased for the seventh consecutive week to a new record price level. Just the week before, at US$619/1,000 bdft, a value above the US$600 threshold was reached for the first time. The average price recorded by ...

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