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Lumber prices fall amid pending home sales slump, Business Insider says

Lumber prices continued to decline on Thursday, falling 4%, amid a drop in March pending home sales, wrote Matthew Fox for Business Insider. "The broad industry is still challenged with getting supply in check to meet the new demand curve," Sherwood Lumber told Insider, according to the story. Publicly traded companies that may be impacted by this include: Boise Cascade (BCC), UFP Industries (UFPI), PotlatchDeltic (PCH) and Louisiana-Pacific (LPX) . Reference Link

Published first on TheFly

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