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May 20, 2019
Sharp drop in US lumber prices
The US lumber market took a step back after showing signs in prior weeks that it might break out of its longstanding malaise. Weather continued to play a role in some regions, but the consensus was that sluggish year-to-date sales had allowed too much supply to build up in the distribution system. Despite reports that consumption in some markets was picking up, ample supplies were available to meet most buyers’ immediate needs. Week May 17 Last Week  ...
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