The volume of orders strengthened as last week came to a close in the eastern spruce lumber market. Lower published prices on Friday sparked interest, especially with knowing that it would probably take a couple of weeks before those orders would be delivered. Planning ahead has become commonplace for many entities as trucking and railroad shipping delays persist. The boost of orders on Friday invigorated trader confidence that business will improve as demand remained strong and clients maintained low inventories.
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Is this a new development? Are you seeing more companies use strategic/forward thinking in their business plans?
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not really- those that use forward pricing continue to do so, others not familiar are learning more about how to.
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