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US lumber prices fell by 20% as lumber demand mutes in March.

Raw materials market Wood
n the week ending March 17, the price of standard softwood lumber fell by 20% to $364 mfbm compared to the previous month when it was $456.

The freezing temperatures constantly hindered timber harvesting and log transportation.

As a result, the southern U.S. states increased construction activity but demand for lumber products remained damped.
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