Slump in lumber futures in USA since beginning of March

Lumber futures in the USA have fallen by a peak of more than 210 $/1,000 bdft or roughly 45 % since the end of February 2020. The figures established by the US CME Group of Chicago show than the futures for May had slumped to around 260 $/1,000 bdft as at 1 April; at the end of February, the rates for May deliveries ...

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