The RoMac Building Supply Wood Commodity Index (Index) for May 2021 jumped 20.3 percent to $1,405.25 per thousand, as demand for wood products and trucking woes gave pricing no room to drop. Supply and availability of building products in the supply chain, as well as a tight labor force, are keeping demand from exploding. Builders […]
The RoMac Building Supply Wood Commodity Index (Index) for March 2021 increased 9.6 percent to $1,023.27 per thousand, which is a record high. No wood commodity decreased in price on the Index with CDX Pine Plywood and wide-width Pine 2×12 leading the advancers. While the market increases have subsided in veracity lately, there has been […]
The RoMac Building Supply Wood Commodity Index (Index) for February 2021 jumped 8.7 percent adding almost $75 per thousand. High single-digit increases were common in both lumber and sheathings as the markets tried to shake the grip of the winter weather. If anything, pricing over this time period should have dropped or flattened because of […]
The RoMac Building Supply Wood Commodity Index (Index) for January 2021 surged 17.1 percent or $126 per thousand as the markets remain overheated. In last month’s report I wrote, “Indications are the first quarter of 2021 could be a tough time for pricing and supply.” This initial report for 2021 suggests this will come true […]
The RoMac Building Supply Wood Commodity Index (Index) for December roared back with a vengeance as the markets slammed the brakes on further price declines and hit the gas on price increases. Delays caused by the COVID-19 pandemic refuse to subside in a housing market, which is showing signs of heating up. After the price […]
The RoMac Building Supply Wood Commodity Index (Index) for November 2020 dropped 17.7 percent to $608 per thousand as wood commodities continued to retreat from their late summer high. While the decrease in pricing is significant, the decline has yet to mirror the rapid increases of the previous months. In the last couple of weeks, […]
The RoMac Building Supply Wood Commodity Index (Index) for October dropped 11.2 percent, or $93.59 per thousand, as the markets finally began to cool off after a scorching summer of price increases. Although the decrease almost wiped out the 13.0 percent gain from September, the market has a long way to drop to catch up […]
Although the wood commodity markets continued to rise over the last 30 days, it was at a slower pace. While the last 30 days did not produce the record 47 percent increase seen in August, the RoMac Building Supply Wood Commodity Index (Index) for September jumped 13 percent, or $95.72 per thousand, which is steep […]
The wood commodity markets have never risen so much and so fast in a 30-day period. From mid-July to mid-August, the RoMac Building Supply Wood Commodity Index (Index) increased an astounding 47.7 percent to $737.08 per thousand. To put this in perspective, the average sheet of CDX pine plywood and OSB sheathing increased $7.10 per […]
