Sawn lumber prices remained stable in July. Most sawmills were working at full capacity with existing contracts for sawn lumber and downstream products, but buyer’s interest from Europe for new contracts had diminished due to summer vacation. However, asking prices were still very firm and most producers feel that demand will remain strong in spite of the holiday season. Sawmills looked forward to the end of August when European buyers would be back in the market to cover for the autumn and winter stock. (Source: Fordaq)