Futures prices for lumber have been riding a wave churned by hurricane Sandy. Quotes for plywood have surged 15%, to $340 per thousand board feet, since the beginning of October, propelled by the prospect of rebuilding in the northeastern U.S. after Sandy's onslaught.
Investors thinking about jumping on lumber for the short term will likely get wiped out. But those willing to hang in for the long haul could enjoy a sweet ride. Read original story here.
Photo by Facundo Sosa on Unsplash
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