Based upon lumber sales expectations for the next 60 days what is your inventory position?
Light 35%
Just right 50%
Heavy 15%
225 votes •
What does that tell you about the lumber market on September 11, 2022?
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225 votes! Great work Matt. Very informative.
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Interesting to see the results from your poll last week to ours. As we see, we both had very similar results!
LLG : Pakira
light 35% : Increase 20%
Just right 50% : Maintain 49%
Heavy 15% : Reduce 32%
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Andrew,
If you flip your increase and reduce the samples are even better, assuming position talking. Light inventories expect lower prices and would not confess intent to buy. Heavy inventory holders are prone to express continue bullishness and intent to buy more, supporting their position. Just my observation.
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I think you are right, great comment @Matt_Layman. Now we see the results are even closer than before, nearly matched! A fairly strong indication of where the industry is at right now.
Funny how a slight tweak in language and thinking can completely change our results. Part of the challenge and fun in doing these polls and building an online platform is tweezing out the explicit from the implicit.
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