A PHP Error was encountered

Severity: Warning

Message: opendir(/var/lib/php/sessions): Failed to open directory: Permission denied

Filename: drivers/Session_files_driver.php

Line Number: 365

Backtrace:

File: /var/www/html/application/core/TE_Controller.php
Line: 33
Function: __construct

File: /var/www/html/application/controllers/Blog.php
Line: 9
Function: __construct

File: /var/www/html/index.php
Line: 332
Function: require_once

Latest Lumber Market Data | Trends, Prices and Insights

Latest Blogs on the Timber Industry & Trade Digitization

Filtered by Tag Lumber Market Data
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.

Read more
CME Lumber Futures

A Deeper Understanding of the CME Lumber Futures

Lumber futures can be defined as an option or obligation to buy or sell a specified quantity of lumber at a specific price at a predetermined date in the future. A futures contract is a standardised derivative contract that gets its value from an underlying asset. This contract is between two parties who intend to buy or sell a specified amount of product at a specific time in the future. Lumber futures are traded at the CME (Chicago Mercantile Exchange).

Read more