Physical lumber futures remain in a narrow trading range, with prices staying under $150 in 2024. Lumber futures have experienced a consolidation period, leading to a narrower range between annual ...
Barchart on MSN
Is Lumber Waiting Until Spring to Recover?
Physical lumber futures prices have been trending lower since late July, with the price falling from nearly $700 to below ...
Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
The Chicago Mercantile Exchange rolled out the physical lumber contract in 2023 to attract more volume for hedgers and other market participants. The physical lumber contract is smaller than the old ...
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 ...
In today's edition of ChartWatch Markets, we'll be covering the technicals for: Nasdaq Composite Bitcoin vs US Dollar Lumber Futures (Front month, back-adjusted) CME Um, we have a bit of a problem. 🤔 ...
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