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The DIY market, which accounts for 20% of lumber sales, is leveling.
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Global timber shortages have put the UK housebuilding industry’s supply chain in the eye of a perfect storm – with faltering availability and rapidly rising costs of basic materials such as roofing batten.This presents a serious challenge to the housebuilding industry – and one it must face and deal
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(Bloomberg) — Lumber prices have soared to records. Demand for wood is skyrocketing. The shares of wood suppliers are surging.And yet, trees themselves are dirt cheap in places like Louisiana, where timber supplies are plentiful.The so-called stumpage fee, or what lumber companies pay to land owners
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The lumber shortage spurred by the COVID-19 pandemic isn't letting up. It's quite the opposite: It's getting worse. As of the week of March 11, the price of lumber per thousand board feet is at $1,044, according to Random Lengths. That's an all-time high, and up 188% since the onset of the pandem