You've noticed the price of lumber has gone up and is staying up as we head into fall?
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Ian Leask. |
In June, July and August, China amped it up and bought 300 to 400 million board feet per month and took it across the Pacific. That the same as 200 Super B Trains per day. Buyers who waited hoping prices would fall, are scrambling to put lumber back in their yards. This is gleaned from a phone call today with
Ian Leask of Lignum.
For reference:
The North American market in 2005 was about 75 billion board feet of all types of wood but when the unsold cushion is gone, prices jump.
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That's one. |
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That's two. |
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