Lumber Market: Prices Dip, Interest Rises

Lumber prices dip slightly amid lower trading volumes! September lumber futures fell to $525, with slight decreases across later contracts. Despite the lull in trading, open interest rose, suggesting traders are poised for future market movement. Is this a sign of easing demand or just a summer slowdown? All eyes are on lumber as an indicator of the housing market's next move. Hosted on Acast. See acast.com/privacy for more information.