Demand for framing lumber was light in the first week of December. Buyers held back amid seasonal slowness, weather, and concerns about the broader U.S. economy. Order files supported mills in holding to established quotes, but budding softness was evident in most producing regions. Traders weighed these issues against announced production cutbacks, both permanent and temporary, but failed to react with any immediate urgency. Declines in a few key items resulted in a $3 drop in the Random Lengths Framing Lumber Composite Price. ...
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