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July 29, 2021

Lumber prices could rebound over the next few weeks, Bank of America says

Lumber prices could rebound over the next few weeks, Bank of America says
   Lumber prices could be due for a late summer rally after falling more than 70% from its recent peak, BofA says.   The bank said wildfires and hurricanes could push the price up in coming months.   Here are three things that could send lumber prices higher before the summer is over.    Lumber prices could be due for a late summer rally after falling more than 70% from their peak in May, Bank of America said in a note on Tuesday.    The commodity has experienced heightened volatility this ...

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