Authors Niteen S Dharmawat
7 days 30 days All time Recent Popular
Te US timber prices down 50% in a month. This is what happens when everyone starts renovation at the same time. Volatility will be significant. Timber prices are a great clue how commodities can and will behave in such a scenario. Btw, timber prices are still up substantially.
September lumber futures closed at a limit-down $852, down almost 50% from the $1,686 peak of May futures reached on May 7th.— Conor Sen (@conorsen) June 14, 2021