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Industry Forecast: Lumber Pricing & Market Predictions - 6/28/21

LUMBER: This week we witnessed lumber prices tumble below last year's highs, as the market continues to correct itself. I believe this downward trend will stop soon and flatten out or event bounce back up when buyers see a perceived low spot and restock their shrinking inventories.

PANEL: Although, last week's panel prices showed a slight drop, this week was flat. A correction is coming soon.

Paul Tarca

Head of Purchasing

Concord Lumber Corporation

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