Framing lumber prices in the US have started to regain stability last week, after steep double-digit losses the previous two weeks. However, while some prices firmed, and even bounced off a bottom, a number of trends continued to point downward. Weakness was unabated in Southern Pine in particular, as buyers failed to absorb ample mill offerings. Losses in key commodities overall well outnumbered any gains, and the Random Lengths Framing Lumber Composite Price shed $7, a third straight weekly decline. ...
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