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 ...
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 ...
There were four double-digit percentage gains in FCOJ, silver, platinum, and cocoa. Oil product refining spreads and U.S.
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 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. 🤔 ...
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 ...
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