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Tuesday, June 15, 2021

Lumber prices plunge, Sherwood Lumber COO explains what's driving the decline


Lumber prices plunge, Sherwood Lumber COO explains what's driving the decline



Kyle Little, Sherwood Lumber's chief operating officer, argued on Tuesday that the price of lumber was pushed to an “unsustainable price point and now we're seeing a little bit of pushback from the marketplace” as prices continue to drop from last month’s record high.

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VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals. from BBC News https://ift.tt/TDOGIkf