Lumber Sheds More than 70% from Its May Record High as Demand Wanes
(Bloomberg) September lumber futures plunged by up to 4.4% to a price of $482.90 per thousand board feet, a record low since October 30. At $482.90 per thousand board feet…
Lumber Prices: Heightened Volatility Is Not Over Yet
Lumber prices remain subject to heightened volatility but may fail to hit a new record high. After hitting limit down and limit up in the past week, prices are down by…
Lumber Traders Left in the Dark as Prices Swing 10% to Hit CME Limits
Lumber futures moved in a roller coaster as traders tried to establish if a drawback in wood prices had eliminated market froth, according to CNBC. July deliveries for Lumber fell…