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Lumber Bucks The Trend In Industrial Commodities

Lumber Bucks The Trend In Industrial Commodities

August 17, 2017

The prices of all industrial commodities have moved higher over recent weeks with gains in copper and base metals, iron ore and steel, oil and the key shipping index for dry bulk commodities. In my latest work for Seeking Alpha, I look at the price action in the lumber market and while the price of wood has been bucking the trend over recent weeks and moving lower, it has been in a bull market since September 2015 and remains at over $40 per 1,000 board feet above where it was trading last year at this time.

Article: Lumber Bucks The Trend In Industrial Commodities

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