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Wednesday, May 15, 2013

Lumber + Building Materials Daily - May 15, 2013

YOUR DAILY SOURCE FOR UP-TO-DATE WOOD PRODUCTS INFORMATION

Today is May 15, 2013.
THE DAILY BUZZ
 
CA Homebuilder: Orders Up 59%
 
Ryland Group of California reported strong sales in April of this year, a 59% increase over April 2012. This report follows a 54% year over year increase for the first quarter. The company also acquired three private homebuilders in the past year.

More on this story is available in today's Econ & housing category.



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THE DAILY MARKET REPORT
 
Futures & Options: Limit Down
 
ContractCloseChangeVolumeOpen Int
May 2013320.50-12.0097332.50
July 2013327.70-9.80800338.60
Sept 2013326.40-8.40210336.10
Nov 2013323.00-7.8079330.80
Jan 2014330.20-9.402330.30
Mar 2014333.10-8.001333.10
 
Lumber futures tumbled today and closed sharply lower. The "spot" May contract trading without a limit into tomorrow's expiration fell $12.00 to $320.50 and the lead July contract dropped $9.80 to $327.70 after falling the $10.00 daily limit. The rest of the contracts closed $4.60 to $8.40 lower across the board.

...Click here to read the rest of this article.


Widman's Market Report & Barometer
 
The Widman Price Forecasting Service includes the Widman Market Report & Barometer, each published twice per month. These publications provide reports and research for the North American Softwoods Market, including price forecasting, indicators and insights.
>> Click for Sample Issue
 
TODAY'S NEWS
 
FINANCIAL  >
There are 2 new articles in this category today.
 
INDUSTRY NEWS  >
There are 5 new articles in this category today.
 
ECON & HOUSING  >
There are 3 new articles in this category today.
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TODAY'S NEWS
  International
  Financial
  Enviro & Legislation
  Industry News
  Econ & Housing
  Science & Tech

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