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.

Composite Graphs 01.15

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

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