17 days ago • Posted by Martin Boujol

$WOOD ETF is soaring

Lumber prices keep climbing. The peaks we had seen in 2018 are 50% lower than the one today. The red-hot housing market keeps the demand high while the supply does not seem to be able to follow. The iShares Global Timber & Forestry ETF price has doubled in the past year and is now reaching a record.

Source: Bloomberg

#Commodities
Lumber prices keep climbing. The peaks we had seen in 2018 are 50% lower than the one today.
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