At this time of year it is usual for softwood lumber prices to be lowering, as end-users would be stocked-up on inventory needs for ongoing building projects, and sawmills would be slowing down as normal seasonal closures and curtailments come into effect. However, this year — having largely stopped production during spring as industry responded to Covid-19 infections — softwood lumber producers across North America are still operating at relatively high capacity levels. Inventories in the field remain sketchy to weak and lumber manufacturers continue running at higher-than-normal production levels for the time ...
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