There was substantial demand to source in the eastern spruce lumber market yesterday. Responses to the demand were variable. Reactions were uncertain but it was likely that buyers waited for more information to be gathered before potentially buying. With prices suspect in the market, traders were unsure how to quote or how aggressive they should be. The market looked to establish a footing and what levels to trade on. Prices from the mills were suggestions and a place to start. All looked for feedback or firm offers to work with.
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