Business was muted last Friday to end the week in the eastern spruce lumber market. Lower published prices held clients from buying but it also inspired some to take advantage of certain offers. Many mills had retreated to their respective corners to assess their positions and gameplans. Distributors held sway in the market and kept pressure on selling their inventories to any that were interested. Lower prices were most notable on 2x4 and stud products. The longer lengths were not as vulnerable but were a factor in capturing orders.
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