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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
A perfect storm has driven lumber prices of up 308% since the onset of the pandemic, with big implications for homebuilders and buyers. Here’s what happened. The unprecedented lumber shortage ...
The Devki Group of Companies, commonly referred to as the Devki Group, is a privately owned conglomerate in Kenya. Narendra Raval , a wealthy Kenyan industrialist and philanthropist, is a majority shareholder in each of the companies in the Group.
In 1996, the United States and Canada reached a five-year trade agreement, The Softwood Lumber Agreement, officially ending Lumber III. Under its terms, Canadian lumber exports to the United States were limited to 14.7 billion board feet (34.7 million cubic meters) per year. However, when the agreement expired on April 2, 2001, the two ...
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
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A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could ...
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