Sawmills are selling boards faster than they can cut them

Photo by James MacDonald/Bloomberg files

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Lumber demand is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according to Chief Executive Officer Remi Lalonde.

After trucking and railcar shortages hampered shipments during the first quarter, Resolute is now holding extra inventories at a time of record wood prices, Lalonde said during a conference call Thursday.

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Source: Financial Post

 

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