Bill's Corner- An Eastern Spruce Perspective

Increased demand in the eastern spruce lumber market yesterday led to steady activity and a successful day of orders for many traders. Sparse offerings from the mills though hindered efforts to do more. Duties and tariffs of over 44% on imported Canadian lumber kept some mills from selling into the states and limited some products from crossing the border at other mills. Those in the market have been able to establish an order file but they struggled yesterday to extend them as higher asking prices stifled efforts.

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