Bill's Corner- An Eastern Spruce Perspective

Last Friday’s good activity and sales gave a boost to trader’s outlook. Orders increased over Thursday’s lackluster performance helping to bolster confidence that better demand and activity lie ahead. Although prices were slightly lower throughout last week on many items, eastern spruce 2x4 stud prices bucked the trend and increased slightly on tighter supply. The mills expect prices to level off with better demand in the upcoming weeks. For them they see no reason to succumb to the pressures to greatly lowering prices to take business.