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Lumber prices slump as historic boom hits a wall

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(ZEROHEDGE) – Lumber futures on Chicago Mercantile Exchange fell -3.1% to $1,284.20 per 1,000 board feet, extending last week’s first loss since January. For the last 18 trading sessions, lumber prices have come under pressure amid signs that an unprecedented rally may be waning.

Citing data from trade publicati

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