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News 2026-10-16 14:26 UTC

Lumber Trades Near One-Month High

Lumber futures held around $535 per thousand board feet, remaining near their highest level in over a month, as US-Canada trade tensions persisted. The US Department of Commerce lowered antidumping and countervailing duties on Canadian softwood lumber to 24.75% from 35.16%, raising hopes for a demand recovery. However,