LUMBER AND COMMODITY REPORT – August 2019 by Don Magruder, CEO of RoMac Building Supply The wood commodity markets have been flashing warning signs about construction demand over the last 30 days. The flashing lights may not be red, but they are certainly bright yellow. The RoMac Building Supply Lumber and Commodity Index (Index) for […]
By Don Magruder The RoMac Building Supply Lumber and Commodity Index (Index) for June 2019 declined again as national housing demand continues to be unremarkable. The Index dropped to $298.87 per thousand or 4.8 percent. The two main drivers of the market over the last 30 days were mill curtailments and closures in British Columbia, […]
LUMBER AND COMMODITY REPORT – May 2019 by Don Magruder, CEO of RoMac Building Supply Price of business has picked up over the last 30 days. The RoMac Building Supply Wood Commodity Index (Index) since mid-January increased 14.6 percent to $347.04 per thousand. Dimensional spruce and wide-width pines had the biggest increases because of mill curtailments due […]
LUMBER AND COMMODITY REPORT – April 2019 by Don Magruder, CEO of RoMac Building Supply In last month’s update, I noted that price momentum from the first of the year was waning, and it’s continued over the last 30 days. The RoMac Building Supply Wood Commodity Index dropped 5.7 percent or $19.45 per thousand. Downward pressure was […]
LUMBER AND COMMODITY REPORT – March 2019 by Don Magruder, CEO of RoMac Building Supply Momentum in the wood commodity markets is waning. The RoMac Building Supply Wood Commodity Index (Index) since mid-February retreated 2.0 percent to $340.24 per thousand as mills accused the weather of tapping down demand. The next 30 days will probably determine if […]
LUMBER AND COMMODITY REPORT – February 2019 by Don Magruder, CEO of RoMac Building Supply The price of business has picked up over the last 30 days. The RoMac Building Supply Wood Commodity Index (Index) since mid-January increased 14.6 percent to $347.04 per thousand. Dimensional spruce and wide-width pines had the biggest increases because of mill curtailments […]
LUMBER AND COMMODITY REPORT – October 2018 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) for October 2018 cratered 16.4 percent to $347.73 as the hurricane bounce from the prior month quickly deflated. This may be wood commodity history in that CDX pine and OSB sheathing prices […]
LUMBER AND COMMODITY REPORT – September 2018 by Don Magruder, CEO of RoMac Building Supply The commodity market’s hard landing in September got a bounce thanks to a Hurricane named Florence. The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) for September 2018 increased 3.5 percent to $416.10 per thousand, primarily on the strength of the […]
LUMBER AND COMMODITY REPORT – May 2018 by Don Magruder, CEO of RoMac Building Supply Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) for May came in surprisingly strong with a 7.7 percent increase or $37.34 per thousand. The one percent respite in April did not carry over into May and it appears the “Great Price […]
