Bill's Corner- An Eastern Spruce Perspective!

It was a breakout day for sales in the eastern spruce lumber market yesterday. New orders for the day were not only strong for traders but the eastern mills also enjoyed a good dose of well needed business. The resurgence of demand instilled confidence that the market seemed to be waking up. Granted one good day does not make a market but it certainly was a step in the right direction. The increased mill activity sparked a round of short covering, adding to the energy in the market. It also gave cause for prices to curb their recent declines if not firm up on many items.


Thanks for sharing Bill!