Bloomberg Television
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What’s Driving Down Lumber Prices? | Presented by CME Group
Posted
August 2, 2024
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August 2, 2024
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1:42Now PlayingGiven that residential construction represents 70% of lumber consumption, June's 4.4% yearonyear slump in US housing starts was most unwelcome news for lumber markets. But a demand slump isn’t the only thing impacting the beleaguered commodity supply side factors are dragging on lumber as well. Presented by @cmegroup
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