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 […]
Production delays and crew shortages for train deliveries caused by the COVID-19 pandemic are creating havoc in the wood commodity markets as sections of the country begin reopening. The RoMac Building Supply Wood Commodity Index (Index) for July 2020 increased a whopping 25.8 percent to $498.91 per thousand as dimensional spruce and sheathing rose in […]
Although this month’s increase seems modest after last month’s price explosion in the wood commodity markets, it really is not. The RoMac Building Supply Wood Commodity Index (Index) for June 2020 settled at $396.68, or 5.6 percent more than just 30 days ago. The biggest increase occurred in the dimensional lumber portion of the Index […]
By Don Magruder The RoMac Building Supply Wood Commodity Index (Index) for April 2020 declined 17.9 percent to $301.10, or $65.78 per thousand, from last month. While the decline is significant, it is not catastrophic considering the United States economy in many sectors is shut down. Consider that one year ago the Index was $320.79 […]
