Recent lumber spike in North America highlights potential for a bullish resurgence, with seasonality pointing towards a strong Q4. Lumber has seen huge volatility over the course of the Covid-19 pandemic, with an initial 45% decline, followed up by a whopping 564% bull run that ended in May. The past few months have been less welcome for bulls, with the price of lumber losing 73% in little more than three months. However, as highlighted a month ago, this pullback does look likely to represent a potential buying ...
Register for unlimited accessWe 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!