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 ...
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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 ...
The MarketWatch News Department was not involved in the creation of this content. VANCOUVER, BC, July 19, 2024 /CNW/ - The Madison's Lumber Prices Index for the week ending July 12, 2024 was US$369 ...
Lumber prices could surge due to lower interest rates, pent-up housing demand, and infrastructure projects under the new U.S. administration. The iShares Global Timber & Forestry ETF is highly ...
In a May 2 Barchart article on the wood futures market, I concluded: Lumber is in a bearish trend in May 2024, and the trend is always your best friend. The path of least resistance of physical lumber ...
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% ...
CNW/ - Log exports from USA to the world dropped -27% so far this year compared to 2024, and lumber exports fell almost -9%.
CNW/ - Log exports from Canada dropped -15% so far this year compared to 2024, while lumber exports rose +1.6%. Since 1952 ...
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