Recent lumber spike in North America highlights potential for a bullish resurgence, with seasonality pointing towards a strong Q4.
Lumber has seen huge volatility over the course of the Covid-19 pandemic, with an initial 45% decline, followed up by a whopping 564% bull run that ended in May. The past few months have been less welcome for bulls, with the price of lumber losing 73% in little more than three months.
N. American lumber price finally starts to turn a corner
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