Business Insider India3y
Lumber prices hit a record high after soaring more than 250% in the past year
Spot lumber prices hit a record high of nearly $1200 per thousand board feet on Tuesday. The record mark comes after a historic run for lumber in 2020 and the beginning of 2021. Prices have soared ...
Business Insider India3y
Lumber prices have soared 230% in the last year, pushing timber and homebuilding ETFs to record highs
Spot lumber prices hit a record high of $1,326 per 1,000 board feet on Monday, bringing the commodity's 12-month gain to 231%. Soaring lumber prices are a sign of the pandemic-induced housing boom ...