Lumber increased 126.70 USD/1000 board feet or 31.15% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Historically, Lumber reached an all time high of 659 in May of 2018. Lumber - data, forecasts, historical chart - was last updated on July of 2020.
Lumber is expected to trade at 499.85 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 411.36 in 12 months time.