Trading
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New lumber futures contract promises to revitalize trade in the market
The lumber futures contract, which experienced a significant surge in prices and volatility during the pandemic, has its final trading session on Monday. The contract will be replaced by a new lumber-futures contract introduced by CME Group, the exchange operator, in an effort to revitalize trading in the market.... Continue reading
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May 16, 2023
New lumber futures contract promises to revitalize trade in the market
The lumber futures contract, which experienced a significant surge in prices and volatility during the pandemic, has its final trading session on Monday. The contract will be replaced by a new lumber-futures contract introduced by CME Group, the exchange operator, in an effort to revitalize trading in the market.... Continue reading
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November 13, 2015
New timber trading centre opens in China
Lanshan Port will become significant timber trading centre in Northern China as a result of State Forestry Administration (SFA) approval for the building of a national timber trade and processing zone at the port. This zone extends over 56,700 square metres capable of handling around 2 million cubic metres annually. It is anticipated that a further 24 national timber fumigation treatment zones with a capacity to handle 1 million cubic metres will have been completed and operated by the end of 2015. On completion of construction logs from Canada, the US, Russia, Japan, New Zealand and Australia will be fumigated in the zone. Lanshan Port is located in northern corner of Yellow Sea in Haizhou Bay and is southeast of Rizhao city, Shandong province which is one of the export ports for the new eastern bridgehead of the Asia-Eurasian Continental... Continue reading
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May 16, 2023
New lumber futures contract promises to revitalize trade in the market
The lumber futures contract, which experienced a significant surge in prices and volatility during the pandemic, has its final trading session on Monday. The contract will be replaced by a new lumber-futures contract introduced by CME Group, the exchange operator, in an effort to revitalize trading in the market.... Continue reading