Beginning in 1996, Silverado Framing Company, Inc. has been tracking the weekly price of lumber. This information provides our clients with a benchmark of the current lumber market prices for a given week in the year.
The chart represents pricing per 1,000 board feet and represents and average two-story house of 19,350 total board feet. On a desktop computer, you may hover over and zoom in/out as you please.
4-15-2022Week Ending 4-15-22
Volatility is the name of the game in the 2020’s. Commodity markets plunged again this week as markets work their way off of historic price levels. SYP dimension cracked early in this drop and seems to be close to a bottom. Dry DF gave up more ground than green, and SPF continues to show weakness. OSB dropped in another large chunk, giving up months of gains in just weeks, giving rise to speculation of a pending bounce. SYP plywood saw much less deterioration than OSB. Fir plywood fell harder than pine. Activity at the mill level was reportedly slow, but there were plenty of buyers getting comfortable at these levels. Reports that rail service is improving gave hope that inventories would improve in the weeks ahead.
The California Framing Lumber Brief is a publication provided by the Idaho Pacific Lumber Company, Inc.
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