Big changes in US lumber futures prices

Big changes in US lumber futures prices
US lumber futures are on another wild ride, but trading them has gotten pretty boring.    In 25 of this year’s 35 trading sessions, prices of the leading lumber futures contract have moved so sharply that they have ended the Friday stuck at limits designed to ensure an orderly market. Some mornings, trading has opened at the limit and remained there. On those days, trading in lumber futures basically ends before it begins.    The condition is called “lock limit.” Traders compare it to squeezing through a keyhole. Trading doesn’t officially halt ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
(approximately $22.8, Paypal exchange rate)
Checkout Options
Yearly subscription - 249€/12 months
password strength indicator
Additional Info




We Accept PayPal
Billing Address

Keywords