News broke last month of another mill closure in British Columbia, which shifted trading in most framing lumber species to a higher gear. West Fraser announced its intention to permanently close its Chasm lumber mill and eliminate a shift at the 100 Mile House mill in the third quarter. Sales slowed in late trading, however, as buyers paused to assess the market. The reported price of Western S-P-F #2&Btr 2x4 jumped $30 higher, although upward momentum slowed in the second half of the week. ...
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