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Massive corrective free fall : Lumber wipes out all its 2021 gains after record boom

Article content Prices at Monday’s close are now down 0.6 per cent for the year as demand eases and supply expands in response to earlier gains. The rally turned a common building product into a social media sensation and a flash point in the debate over U.S. monetary policy. At one point, lumber futures were trading as high as US$1,733.50 per thousand board feet, more than quadruple the level of a year earlier. We apologize, but this video has failed to load. Try refreshing your browser, or Massive corrective free fall : Lumber wipes out all its 2021 gains after record boom Back to video

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