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October 12, 2022

Autumn slowdown brings dropping North American lumber prices

The normal seasonal slowdown for construction and building activity in autumn brings a drop in lumber prices. However it is unknown how much impact rebuilding after the recent very severe storms along the east coast of North America, both on the Canadian Atlantic provinces and for the U.S. south, will have on looming lumber demand therefore prices. Given that currently the devastation is still being assessed, it can be assumed that the need for lumber in the next few months will be greater than it normally is heading into winter. Thankfully there is a significant amount of production volume ...

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