Latest Blogs on the Timber Industry & Trade Digitization

Filtered by Tag Global Timber Price Index
Timber Market Risks

How Importers Can Diversify Timber Market Risks and Increase Stability

A few timber buyers and distributors are globally active with truly global agile supply chains. Most at best are competitive and established in one or two markets. Due to this reliance, movements or changes in exchange rates, natural disasters, legal frameworks, port strikes or forest fires might come in the way of fulfilling the transaction.

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CME Lumber Futures

Changes Made to the CME Lumber Futures Contract 2022

The unpredictable nature of lumber prices as seen over time has given rise to confusion amongst buyers and sellers who have been forced to navigate their businesses amidst extreme volatility. Fortunately for traders, the Chicago Mercantile Exchange (CME) Group has recently launched updates to the lumber futures & options on a futures contract to reduce price volatility in the market.

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