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RJZ - From Lumber To Steel Construction Materials Are Following An Unpredictable Path
AB Svensk Ekportkredit ELEMENTS Linked to the Rogers International Commodity Index - Metals Total Return Structured Product
Despite wholesale cash prices coming down several months ago on several construction related commodities, such as lumber, consumer-level retail prices have not necessarily seen the same drops.
Lumber futures returned to relatively normal levels during the fall, settling around an average of $500 per mbf, as demand decreased.
The COVID-19 pandemic and subsequent shutdowns have wreaked havoc on the prices of construction vital materials such as lumber, copper, aluminum and steel.