Finace And Stock

Lumber Prices Stage a Late Season Rally

Lumber prices are rising again.

Futures are up almost 40% since late August, while pricing service Random Lengths said that its framing composite index, which tracks on-the-spot sales, has added 27%. The gains probably aren’t the start of a wild ride like the one in spring that sent two-by-fours into orbit and then plunging back to earth. Yet, the recent upturn shows how some of this year’s surge in the price of raw materials is lingering.


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please Disable the Adblocker