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September 26, 2016

Lumber prices movements in the US surrounded by uncertainty in lumber trade issues

The framing lumber market met an ascended trend last week in some species, yet other species started to descend. Trading was most active in Southern Pine and Canadian S-P-F, especially Wednesday and Thursday as the futures board prices increased. Uncertainty surrounded the U.S.-Canada lumber trade issue, but traders sensed that futures was pricing in potential litigation and duties on Canadian shipments to the U.S.

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