Bill's Corner- An Eastern Spruce Perspective

More clients were motivated to buy in the eastern spruce lumber market yesterday sparking activity and increasing orders transacted on the day. Prices have fallen substantially in the last few weeks giving credence or reason for them to replenish low inventories and cover some upcoming needs. Several orders flowed to the mills that were receptive to counters and had readied material to sell and ship. There was growing confidence that the market and prices were finding common ground to trade at.

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