Behind Lumber’s Collapse: A Perfect Storm of Housing and Trade - News Summed Up

Behind Lumber’s Collapse: A Perfect Storm of Housing and Trade


Lumber futures reached a record in May that was 30% above the old all-time high set in the early 1990s. Still, lumber ended the year as one of the worst-performing commodities. It isn’t like other commodities had a great year. The Bloomberg Commodity Index, a basket of 22 raw materials, declined 13%. But lumber suffered an epic collapse.


Source: Wall Street Journal January 02, 2019 14:01 UTC



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