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Short-Term Physical Lumber Futures Contract (Barchart) The chart illustrates at $484.50 per 1,000 board feet, nearby physical lumber futures are only $9 below the 1993 high.
Lumber prices have lost ground over the last six weeks, with prices down 17% off their March 14 highs. This puts futures into oversold levels, and the price seems to be finding support just under ...
The six-month chart highlights the decline that took 19% lower wood futures to $511 on April 24. In early May, lumber futures remain in a mostly bearish trend.
The recovery in bonds supports higher lumber prices. The three-year physical lumber futures chart highlights the first upside target at the July 2023 $593 per 1,000 board feet high.
Soaring lumber prices are a sign of the pandemic-induced housing boom, fueled by record low mortgage rates and a mass exodus to the suburbs. But the broader economy may not be able to handle any ...
Commodities & Futures Lumber Trading Is So Hot That It Almost Never Happens Big swings in lumber futures prices are preventing traders from laying bets, giving them time for other things; ‘Gone ...
Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a sharp slowdown in construction.
My most recent Barchart article on the lumber market was in mid-August. September physical lumber futures were at the $530 per 1,000 board feet level. In that article, I wrote: Markets reflect ...
If the chart of the weekly lumber futures price for the past two years was an EKG, the patient would be in need of a defibrillator, stat. Lumber futures closed Monday at $410.80 per thousand board ...
7don MSN
AM Tuesday, July 08.Lumber (CME)27,500 bd. ft.; $ per 1,000 bd. ft. ContractOpenHighLowLastChangeToday's VolumeMonday's Volume Est vol 1,433Mon.'s vol 1,433Open int 7,148Open Interest Change -26 ...
Lumber prices have had a wild roller-coaster type ride since front month futures hit $1000 on September 14, 2020.
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