Bill's Corner- An Eastern Spruce Perspective

Many eastern mills saw a surge of business in the lumber market yesterday, more than they have seen in quite a while. The mills that had increased sales refuted offers while those lagging in activity accepted minor counters. The bottom line was that lumber was finding common ground to trade at. Demand was strong from the get-go, keeping traders busy throughout the day. Manufacturers led the charge in procuring material, knowing they had the work ahead and the allowance of time for product to come in. Retailers were more reserved and less proactive, although quick needs were addressed.