Bill's Corner- An Eastern Spruce Perspective

There was little movement of prices in the lumber market yesterday. Activity and sales slowed. The eastern mills tried their best at enticing buyers, even accepting small counters but garnered few orders. Interested buyers sought much greater price concessions than what the mills were willing to give. Ongoing problems with getting current orders shipped and labor issues limited the mills as to what they could offer and how aggressive they could be. Unfulfilled needs were still prevalent from many sectors adding to the dynamics to the current tenuous market.

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@william_giguere your reports are so on point and detailed day by day! Reading them cumulatively however, over the course of the last couple weeks, I get a sense of market softening in this part of the supply chain, between the mills and their buyers: manufacturers/fabricators, distributors, & traders/brokers.

I know you don’t like to make any future predictions Bill, as your established brand is “stick to the facts”. Would be curious if you agree with the above trend though :grinning:.

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