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Lumber Surges Anew as Supplies Shrink Ahead of Building Season

Lumber Surges Anew as Supplies Shrink Ahead of Building Season

(Bloomberg) — Lumber is on a tear again, bringing back the specter of increasing construction costs. Most Read from Bloomberg Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the highest in three weeks. After prices slumped in January … Read more