In another possible sign of housing market recovery, framing lumber prices have been rising lately and reached $347 per 1,000 board feet last week, which was the highest level since early May 2010 ...
Physical lumber futures remain in a narrow trading band, with the nearby contract price in an under $150 range in 2024. The consolidation of lumber futures has caused the band between annual highs and ...
Lumber prices have experienced extreme volatility in recent years due to low liquidity and macroeconomic factors. The Chicago Mercantile Exchange introduced a new physical lumber futures contract to ...
In July 2020, lumber prices began to soar as the COVID-19 pandemic supply chain chaos kicked in. Surprisingly, lumber began rising before many other commodities such as wheat, corn, WTI crude oil, ...
In a July 19 Barchart article, I highlighted that the price of physical lumber for September delivery at $562 per 1,000 board feet was trending higher. In that piece, I discussed how lumber reflects ...
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The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% ...
When it comes down to it, lumber is at the core of my research. It’s now been eight years since my original research paper talked about the relationship between lumber and gold and how its predictive ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...