Home News Industry News Record prices for lumber aren’t built to last

Record prices for lumber aren’t built to last

Lumber prices have rallied more than 30% this year to reach their highest level on record, as U.S. duties on imports of the commodity from Canada have contributed to tighter supplies and soaring home-construction costs. But analysts are growing wary of tall timber prices.

Among the possible threats is the World Trade Organization's recent compliance with Canada's request to examine the dispute by establishing two panels to rule on higher U.S. lumber duties.

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Source: Market Watch

 
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