LUMBER AND COMMODITY REPORT – August 2013 by Don Magruder, CEO of RoMac Building Supply Your August 2013 Home Builders Association Wood Commodity Index (Index) hit bottom and slightly bounced upward after a nearly four month downward spiral in price. The Index increased to $320.63 per thousand or 1.5% on the pricing strength of dimensional lumber. The […]
LUMBER AND COMMODITY REPORT – July 2013 by Don Magruder, CEO of RoMac Building Supply Over the last 30 days, your Home Builders Association Wood Commodity Index (Index) has been on a roller coaster with prices initially heading straight down and then over the last two weeks reaching a plateau followed by an upward movement. The Index […]
LUMBER AND COMMODITY REPORT – June 2013 by Don Magruder, CEO of RoMac Building Supply Since mid-May, your Home Builders Association Wood Commodity Index (Index) dropped $60.17 per thousand (or 15.6%) as supply outpaced demand and the commodity market adjusted from unsustainable levels. However, the Index remains $12.80 per thousand (or 2.8%) higher than last June. While […]
LUMBER AND COMMODITY REPORT – May 2013 by Don Magruder, CEO of RoMac Building Supply For May 2013, your Home Builders Association Wood Commodity Index (Index) is in the midst of correcting itself, as a softness has permeated the market, which many experts consider only temporary. Since our mid-April Report, the Index has dropped 11.8% to $438.51 […]
LUMBER AND COMMODITY REPORT – April 2013 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) for mid-April decreased 2.7% to $438.51 per thousand. The Index primarily pushed downward late in the second week of April as the world’s commodity markets sagged and investors grew more uncertain in the sustainability […]
LUMBER AND COMMODITY REPORT – March 2013 by Don Magruder, CEO of RoMac Building Supply For March, the Home Builders Association Wood Commodity Index (Index) increased 2.4% to $450.46 per thousand with most items edging up. For the second month in row the National Home Builders Association/Wells Fargo Builder Confidence Index dropped, and one reason cited was […]
LUMBER AND COMMODITY REPORT – December 2012 by Don Magruder, CEO of RoMac Building Supply Usually, just before Christmas, a hush falls over the wood commodity markets as dealers and traders focus more on Santa Claus and cookies than sticks of lumber. This year, on the contrary, there is no Christmas rest as the wood commodity markets […]
LUMBER AND COMMODITY REPORT – February 2013 by Don Magruder, CEO of RoMac Building Supply Your Home Builders Association Wood Commodity Index (Index) increased 4.5% to $439.98 per thousand driven primarily by strength in the sheathing market. What makes the February increase significant is that it follows-up a whopping 11% increase in January, and this price weathered […]
Over the last 30 days, the Home Builders Association Wood Commodity Index has decreased 14.4% to $317.39, primarily on a downward move of OSB sheathing and CDX plywood. Dealers are reporting a softening in demand as a result of uncertainty that seems to be gripping the market just prior the presidential elections. One dealer told […]
