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Further Price Reductions Spurred Lumber Sales

Due to ongoing soft demand, North American lumber suppliers cut prices further to spur sales. Customers responded by placing some orders, suggesting they agreed that current price levels were likely the bottom. The collision of ongoing weak demand and arrival of...

Cautious Sentiment Keeps Lumber Demand Sluggish

Even as true spring weather dawned across North America the sawmill operators had to actively hunt for customers. Sales of solid wood construction framing materials remained slow despite home building season having arrived. The prevalent attitude was to...