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JPMorgan Chase & Co. Message Board

  • escarigo70 escarigo70 Mar 11, 2013 9:18 AM Flag

    Lumber prices and world growth

    The prices of lumber is very cyclical but lumber is one of the bigest indicator of world economy growth, the major producers are the usa and canada, but many coutrys are exporters of lumber and they economy depend of lumber prodution, the usa and canada they have a very powerfull prodution of lumber and they control the prodution with enviromental agencys, meanwhile small coutrys that are developing if they are producers of lumber they can´t compete with north american producers. While north america and europe are in recession this affect more the prices of lumber and many small country can´t growth, a believe the lumber prodution is one of the most importante to crate rechines in many parts of the world and this could help the world growth.

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