U.S. softwood prices rise for second month, hardwood market stabilizes

U.S. lumber prices are showing structural divergence, with softwood prices climbing for a second consecutive month while hardwood prices hold steady, according to April data released by the Bureau of Labor Statistics (BLS). The latest figures reflect shifting dynamics in supply chains and end-user demand across the wood products industry. The Producer Price Index (PPI) for softwood lumber rose 3% month-on-month in April, matching the 3% increase in March. The back-to-back gains were largely driven by tight supply conditions, particularly for conifer species. Spring labor shortages at sawmills in the U.S. West ...