After popping up by a sizeable degree in the first full work week of 2021, last week benchmark softwood lumber and panel prices corrected downward to more sustainable levels as demand continued strong but supply was able to serve a burst of orders. This year, sawmills across Canada and the U.S. are well poised to produce ample lumber volumes for white-hot construction activity across the continent. Indeed, Canadian and U.S. housing starts and home sales data for full-year 2020 showed extremely robust real estate markets, which are not going to slow down ...
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