Activity in the eastern spruce lumber market started slowly yesterday but picked up as the day wore on. Eastern mills had a good selection of products to choose from, but clients had to wait two to three weeks to get, despite material being on the ground. The mills struggled to sell some of the products they had but found it difficult to supply the items clients most needed. Retailers tried to keep a tight rein on inventory, filling in from the reloads if possible and avoiding larger purchases. Rising fuel costs also drew much concern and conversation.
Thank you @william_giguere again for the insightful report on what you’re seeing in the market.
The mills struggled to sell some of the products they had but found it difficult to supply the items clients most needed.
Why do you think this is the case? What is causing this mismatch between market demand and what mills are producing?
Strong need and demand for items they have a harder time producing. Log sizes and lengths dictate the efficiencies and what the mill will produce.