After a small drop last week we saw a slight rebound in the composite market average this week of 1.4%. We did see some drops in PT, especially in beams, but overall it was a mixed bag with some gains and some losses.
Supply chains continue to hamper our recovery, creating long lead times and general headaches when it comes to scheduling. Lumber prices seem to have solidified after record-setting prices and equally record-setting retreat. The housing sector continues to be strong with demand still high and available inventory incredibly low.
Our futures in the industry continue to look bright, but it’s going to be a bumpy road getting back to normal schedules and availability.
Danny Steiger│President & CEO
Lumber Traders Inc.
Angeles Millwork & Lumber Co.
Hartnagel Building Supply
As always, this e-mail content is not financial advice. Simply data to help you be better prepared. Our goal is to create more informed builders and homeowners to properly price and budget for future jobs and projects.
We will continue to update you on changes in the commodity market. Displayed above are the latest graphs.
Angeles Millwork and Hartnagel Building Supply see our customers as business partners, and their success is, in turn, ours. That is why every month, we will publish a commodity pricing chart on our Facebook page and in our monthly newsletter. The chart will represent a correlation of average pricing trends over the past year of Douglas Fir 2×4, Pressure Treated 2×4 Lumber, 7/16” OSB, and ½” CDX.