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![US lumber prices fell by 20% as lumber demand mutes in March](https://timber-exchange-live.s3.eu-west-3.amazonaws.com/te_prod/uploaded-by-timber-admin/news/news_6426c9a282d6e_164.jpg)
US lumber prices fell by 20% as lumber demand mutes in March
Posted on March 31, 2023 |
In the week ending March 17, the price of standard softwood lumber fell by 20% to $364 mfbm compared to the previous month when it was $456.
The freezing temperatures constantly hindered timber harvesting and log transportation.
As a result, the southern U.S. states increased construction activity but demand for lumber products remained damped.