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February 11, 2019

US lumber prices continue the upward trend in February

The trading pace in US framing lumber eased from the previous week’s action, but early momentum carried prices higher. Digestion of previous orders was one factor. Uncertainties regarding 2019 demand, the extent of transportation issues, and limitations from winter weather also contributed to renewed hints of caution. The weight of these issues factored into the about-face in an upward futures trend.

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