In a January 14, 2025, Seeking Alpha article on lumber and the WOOD ETF, I concluded: WOOD’s twenty-year monthly chart shows that technical support is at the September 2022 $63.78 low, with resistance ...
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% ...
The wood in your walls is stronger than anything at the lumber yard today.
Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...
As price-takers, West Fraser and its peers see dramatic profit variations depending on the health of housing markets and overall economic conditions. West Fraser’s lumber segment accounts for over 45% ...
The CME’s continuous physical lumber futures contract fell 22.99% in Q2 and was down 21.24% over the first six months of 2024, closing Q2 at $450.50 per 1,000 board feet. In a July 4, 2024, Barchart ...
Lumber is a critical industrial commodity, as it is an essential ingredient in the construction of new homes and infrastructure. Lumber futures are traded on the Chicago Mercantile Exchange. However, ...
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