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March 13, 2017

US softwood lumber prices drop but still way higher than last year

Prices of framing lumber weakened by varying degrees. Trading ranged from a standoff between buyers and sellers, such as in green Douglas Fir, to a free-fall, as was the case in Western S-P-F. A second week of sharp double-digit drops in the latter left some key prices at about at 50% retracement from the peaks of their recent run.

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