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.