Bill's Corner- An Eastern Spruce Perspective

Demand strengthened and activity ramped up in the eastern spruce lumber market yesterday. There was mounting interest in looking for and to buying product to cover not only quick needs but future ones as well. There seemed to be a growing realization that lowering prices were running into a brick wall and resistance to taking less on many products was increasing. Distributors were also looking more to replacement costs than inventory positions in determining the value in taking certain orders.

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