Lumber Market News
Trading in framing lumber products softened, causing the overall price to drop by $2 compared to last week. Historically high prices for this time of year caused buyers to slow down their purchasing activity.
The price of structural panel products continued to drop. Overall, buyers declined to make purchases of these products unless discounts were offered. Some regions saw discounts of as much as $40.
Sources: Random Lengths, EIA, CNBC