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FOSHAN CITY LESHUN RONGHUI FURNITURE CO.LTD

 [Guangdong,China]

Business Type:Manufacturer

Main Markets: Africa , Americas , Asia , Europe , North Europe , West Europe

Exporter:81% - 90%

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HomeNewsContinuing higher, U. S. wood prices have risen nearly 30%

Continuing higher, U. S. wood prices have risen nearly 30%

2022-02-25
In the sixth straight session after briefly cooling in the past few weeks, hitting $1,204.90 per 1,000 board foot, the highest level this month.David Russell, vice president of market intelligence at online broker tradestation, noted that timber is up 29% from $934.90,000 board feet in early February.He concluded that persistently higher U. S. wood prices were part of commodity movements, and attributed the rise in part to a recent dollar depreciation.

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