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December 11, 2018
US softwood lumber prices fall at the beginning of December
Demand for framing lumber was light last week. 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. This Week   ...
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