There was confusion and uncertainty that swirled around the eastern spruce lumber market yesterday, hampering activity and impacting transactions. The mills looked to find where the market was on what they had available to sell. Clients sought out product unsure of what constituted a good level to buy at. It seems that these forces were moving targets throughout the day. Demand though, was evident in the market and orders were transacted for those that stayed focused on what they were certain they could sell.
8 Likes