Bill's Corner- An Eastern Spruce Perspective

Strong activity yesterday led to a solid start to the week in the eastern spruce lumber market. Traders were aggressive in their quotes, wanting to attract the firm offers in putting orders together. It wasn’t easy but perseverance paid off in many situations. Dealers have had good takeaway keeping them coming back to the market often to replenish. Healthy supply from the mills opened opportunities for buyers to trade and initiate solid back-to-back business. Minor price adjustments were the rule and not the exception enabling a good flow of orders to be transacted.