Market-related curtailments in British Columbia served as signs that framing lumber markets were oversold and downside risk was waning. A curtailment announced Wednesday stemmed the slide in Canadian S-P-F and ignited a buying rally in futures. While defined by some traders as a “Spruce event,” trading perked up in western species as well. Softening prices early in the week firmed and rebounded, and a $1 uptick in the Random Lengths Framing Lumber Composite broke an eight-week string of losses. Week ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
