There was a feeding frenzy that took place in the eastern spruce lumber market yesterday. Anxious distributors and wholesalers were out in force buying many of the things the mills had available to sell. Activity was very brisk throughout the day. The eastern mills sold heavily, building on their order files, and pushing shipments into the end of the month. There was also a realization among clients that supply was tighter than expectations and that it was better to have product on order than waiting to do so.
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