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    Summer downtime triggers a drop in US lumber prices.

    Wood Raw materials market
    Demand for North American lumber stayed weak, with supply exceeding demand in most categories, and panel prices becoming more vulnerable.

    The price of Western spruce pine fir fell by 7% to $356 in the week ending June 21, down $28 from the previous week and 12% lower than the same week in 2023.

    Compared to two years ago, the price of Western spruce pine fir has fell by 33%.
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