You Searched For "lumber industry" and got 20 results
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2 mins read
Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says
By end of August and into September, the price of lumber could settle in a range between $350-$450 …
Isabelle Lee
2 mins read
4 reasons why lumber prices have doubled from summer lows — and why one expert sees them normalizing again
Despite the recent spike, traders can expect lumber prices to normalize in the near term and settle…
Isabelle Lee
2 mins read
Lumber prices have fallen, but the stage is set for a potential 65% rally through the end of the year, an expert says
"The losses we are seeing over recent months could soon enough bring another major buying opportuni…
Isabelle Lee
2 mins read
These 5 beaten-down lumber stocks have strong upside into year-end as the housing boom continues, RBC says
"We think that the worst of the declines are over and that it is a good time to start getting up to…
Isabelle Lee
2 mins read
2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles c…
Isabelle Lee
2 mins read
3 reasons why lumber prices will tumble 30% by year end, according to a veteran portfolio manager
Michael Gayed, a veteran portfolio manager who has long touted lumber as an indicator for the US ec…
Isabelle Lee
2 mins read
Lumber prices have risen 50% since August, and 2 experts say the resurgence will continue through early 2022
While analysts are expecting to see an uptick in 2022, they don't expect the price of lumber to soa…
Isabelle Lee
2 mins read
Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief
The trend line for lumber prices will see a sustained 5% increase, folding in transportation and la…
Isabelle Lee
2 mins read
3 factors will keep lumber prices elevated despite a multi-week decline, an economist says
As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-…
Isabelle Lee
2 mins read
Lumber prices have already bottomed - and 3 forces will drive them higher going forward, one investment head says
Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emer…
Isabelle Lee
2 mins read
3 reasons why lumber prices could stage a late summer rally, according to Bank of America
"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large mo…
Matthew Fox
3 mins read
A 325% surge in lumber prices over the past year has pushed new-home prices up by $24,000 apiece
Lumber prices reached more than $1400 per thousand board feet on Monday and experts say it's a grea…
Will Daniel
1 min read
Lumber prices fall toward multi-year lows as pending home sales slump and industry searches for supply balance
"Lumber is trying to carve out it's new post-covid trading range after resetting to more historical…
Matthew Fox
2 mins read
Lumber prices will continue to rebound into summer after reclaiming the $1,000 level as seasonal demand ramps up, industry executive says
"Heading into what is the typical seasonal strength of the lumber market, a substantial buying roun…
Matthew Fox
2 mins read
Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market
A surge in mortgage rates contributed to a decline in pending home sales last month, according to t…
Matthew Fox
2 mins read
Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high
Lumber prices are now down roughly 40% from their May 7 peak, but are still up over 175% over the p…
Will Daniel
3 mins read
Lumber prices are cooling after rallying over 400% in 12 months. Here is where 4 experts say the red-hot commodity goes from here.
Experts told Insider that the price of lumber could go down to $600 per thousand board feet in the …
Isabelle Lee
2 mins read
Why lumber prices have already bottomed, but will see upside capped at 15% over the next 2 years, according to an investing chief
"We're out of the panic buying. We're out of the massive industry shortages. We're out of the extre…
Isabelle Lee
2 mins read
Lumber prices will fall back to pre-pandemic levels within a year amid considerable volatility, investment chief says
Lumber prices will be volatile, but movements will vary by location in the US, according to Stuart …
Isabelle Lee
7 mins read
One of the pandemic's biggest booms has finally gone bust
What see-saw prices for wood tell us about America's economic future.