Increase The Lumber Price and Slow Down the Production Rate
Description:
According to statistics, there is a positive setup for the traditional seasonal trade where the shares might bottom around mid to late October before anticipating the upcoming building season. The demand for wood products, ultimately, will rise when the homeowners come back from their summer holidays and start home renovations. Drought conditions or fire danger in dry conditions also might adversely increase the lumber price and slow down the production rate.