The lumber and panel graphs shown below are composite prices that hopefully give you a feel for where prices have been over the last two years. While past movements don’t predict future trends, there is a reason why the charts might be helpful.
For example, the slide in panel prices is troubling because prices could easily return to 2013 level which could be a jump of about 40%. We can give you 30 days of price protection, but we recommend inserting price protection clauses in your contracts with the homeowner.
Getting caught short in a large market run can be nasty business!
Written By: Bill Meek, Chairman of the Board