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Sep 15, 2020 11:33 MINS

Episode 58: Lumber carrying its weight in price

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Deni Koenhemsi

Associate Director, Pricing and Purchasing, S&P Global Market Intelligence

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John Anton

Director, Pricing and Purchasing, S&P Global Market Intelligence

Lumber carrying it’s weight in price

Since hitting bottom in April, we are now seeing an astonishing 250% increase in lumber price—an increase not being seen in other building materials like steel and other base metals. Deni Koenhemsi, a principal economist in our Pricing & Purchasing service, discusses the dramatic increase , what's driving this rebound and how long it will last.


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