Bill's Corner- An Eastern Spruce Perspective

Demand strengthened in the eastern spruce lumber market yesterday sparking a round of buying by various concerns. There were some Canadian mills willing to sell regardless of potentially additional tariffs, enabling some orders, but the bulk of the business transacted was centered around stateside reloads. Traders though, ran into a range of prices on certain quotes that strayed widely from published numbers making it difficult to compete against. This added more uncertainty and confusion that overshadows the current market.

8 Likes