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In just one year, the price of lumber has increased a whopping 377%. A boom in home renovations, combined with an increase in disposable income stemming from the coronavirus pandemic, caused ...
Dipterocarpus turbinatus (Khmer chhë tië:l dâ:ng; [3] India gurjan, [4] gurjun, [4] gurgina; Tagalog mayapis; [5] Chinese 羯布罗香 jie bu luo xiang; [6] Malay language keruing, [4] the last an international name for Dipterocarpus wood) is a species of tree in the family Dipterocarpaceae native to north-eastern India and mainland Southeast Asia, and cultivated in surrounding regions.
Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
Lumber prices took another dip, falling by more than 50% over the past few months. However, CNBC reported that homeowners, homebuilders and homebuyers hoping to renovate aren't seeing any savings
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
The genus is of considerable importance as timber trees and for producing resinous oil. The oil is sold under the trade names gurjun oil, kanyin oil, wood oil, and Keruing oil. [5] D. turbinatus, gurjan, is a major commercial timber species found in the Andaman islands. Gurjan wood is very important for making plywood.
The following table associates tree species, wood name and wood colour. The Dipterocarp timber classification system was developed by Colin Fraser Symington (1905-1943), a forester at the Malayan Forestry Service, and H. E. Desch, who researched comparative wood anatomy.
The prospect of a cooling housing market tied to higher mortgage rates and ongoing supply-chain issues has sent the price of lumber tumbling from the lofty heights it hit last month. See: Housing
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