“Over the course of the past three weeks, lumber pricing has found some buyer support. Enough to push prices higher across the various markets. More of a inventory fill-in situation than an inventory build mode. By the end of this past week, buyer interest was running out of steam. Then came the market disruptor. Late Thursday afternoon in British Columbia, West Fraser reported a fire in their log decks at their Chetwynd sawmill. As word spread, buyers became anxious.”
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