Framing lumber markets were very cautious last week, with trading in Canadian SPF going very low last Tuesday.
Prices of the upper grades in all species finished lower. Seasonal softening was a factor, but traders also cited concern about the U.S.-Canada trade issue. Meanwhile, U.S. and Canadian traders alike looked forward to putting next week’s U.S. presidential election behind them.
US lumber prices fell $5 at the begining of November
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