Lumber In Slumber: More Sawmills To Close As Prices Poised To Hit 5-Year Low
Chicago lumber futures hit a two-year low of below $350 per thousand board feet, erasing the solid gains traders made when prices were as high as $1,400 per thousand board feet during the height of the recent price spike. Lumber’s drop, which made it the worst-performing commodity last year, was a sharp reversal from all-time … Continue reading Lumber In Slumber: More Sawmills To Close As Prices Poised To Hit 5-Year Low
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