Deep cuts in prices of framing lumber persisted through a second straight week, leaving traders stunned at the volatility of the market in 2018. Traders took note of some of the deepest weekly cuts in memory, as producers probed for trading levels amid an intensely competitive bid for offers among the various producing regions and species. The Random Lengths Framing Lumber Composite Price fell $18 for the week to $423. The index has fallen $159 from its record peak of $582 set in early June. ...
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