Global Lumber Market | June 19, 2023 Understanding the Global Lumber Market Outlook to 2025 The global lumber market is competitive and volatile. Factors such as economic conditions, population growth, urbanization, and consumer preferences all affect the global lumber market. Changes in any of these parameters can lead to demand fluctuations. In recent times, there has been a shift in the lumber market, and we are entering a phase of slowing demand and pricing. Read more Related Tags global lumber market global timber production us lumber demand china timber consumption
Lumber Futures | October 7, 2022 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 Related Tags lumber prices cme lumber futures us lumber demand us lumber prices lumber market data