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 ...
It has been over six months since I wrote on lumber and the iShares Global Timber & Forestry ETF (WOOD) product on Seeking Alpha. I concluded the June 6, 2024, article with the following: The ...
In a June 4 Barchart article, I asked if lumber prices were stuck in neutral, concluding: Lumber prices are stuck in neutral, for now. When they decide to move, watch out, as another period of ...
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 ...
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