DID THE BOTTOM JUST FALL OUT? Last week’s curtailment announcement of Canada’s top producer West Frasier’s plan to curtail 170 million board feet from its Frasier Lake and Williams Lake sawmills looks to have been a short-lived event. The initial emotional reaction sent shockwaves amongst traders, but the rally stalled as additional details and information were uncovered this week. Lumber futures took a major blow late in the week, as numbers were hammered Thursday and Friday. If this news surprises you, you may want to check out everything else that transpired this past week in the place I like to call: 'The Wonderful World of Wood”. Enjoy…
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Hi @Jim_Schumacher thank you for the incredible report! As usual!
What “additional details and information were uncovered this week” vis a vis the West Frasier’s plan to curtail 170 million board feet from its Frasier Lake and Williams Lake sawmills?
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