Sales eased somewhat in the lumber market yesterday, although activity remained very strong. Chasing shipments, whether from the mills or the reloads, was common practice. Delays were the rule, not the exception. Adding to this was that retailers were busier selling and moving product themselves, many at record levels. Lumber could not come in fast enough. Also much of the product that is coming in is already committed. More product is needed but supply remained tight. The mills were unable to keep up with the demand. Higher prices were being paid for quicker material.
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