Activity was strong in the eastern spruce lumber market yesterday. There was more price checking that was done though than actual orders being transacted. The mills had a healthy supply of products to offer with little change in prices. The market lacked inspiration or motivation. The news of Canadian lumber producer Arbec’s closures at their sawmills and forest operations has had little impact so far. Several mills can deliver product next week and the week after but have had little interest to go out farther.
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