Prompt wood is available almost everywhere and quoted prices are merely approximations. All prices are negotiable, especially studs, which seem to be about as sloppy as anyone can remember. Most mills tossed prices out with the understanding that it is not a firm price. All this is happening when the production curtailments are just starting to take effect. We need more substantial reductions to prop prices up at this point.
Shipments are prompt on almost all items.
Eastern mills feel the only way to turn this market around is large production curtailments in the west. Earlier in the week OSB mills, feeling downward pressure, dropped to lower levels and took on business. As in the recent past, dealers bought what they needed and raced for the sidelines hoping for more drops in the future. This market for now is over produced, and more downward pressure appears to be in the cards for now. Midweek print came out a few dollars higher but with no selling, look for Friday's print to drop so as to compensate for lost sales.