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Lumber Prices on the Rise According to Chicago Mercantile Exchange

  • Lumber prices increased for July, September and November contracts.
  • lumber sales were made on Tuesday with an estimated 842 for today.
  • Open interest rose by 69 to 7,396 on Tuesday.
  • No new open contracts were offered for US Treasury Bills or Eurodollars.
  • The increase in lumber prices follow the recent uptick in housing starts and home sales.
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