Hardwood Publishing offers Hardwood Review, Hardwood Leader, WoodLogics and other services for lumber buyers and sellers in the wood manufacturing industries Domestic and international demand for poplar has been so strong that summer has come and gone without the usual deterioration in prices.
Major Poplar markets in North America—particularly moulding/millwork manufacturers and distribution yards—will purchase more in the fall. Large shipments to China, Vietnam, Mexico and a host of other foreign destinations will keep poplar exports on a record-shattering pace. Poplar demand will remain strong into Q1 2013; prices will move up a bit more over the next two months and then level off for several months.
At present, supplies of most KD 4/4 Red Oak items are ample, with #1 Com abundant. However, the supply-demand balance is set to shift for one 4/4 Red Oak item after another during Q4.
Increasing moulding and millwork demand in the U.S., along with robust exports to China, will tighten upper-grade Red Oak supplies and nudge prices higher by mid-Nov. Flooring plants will absorb excess inventories of KD 4/4 #2 Com Red Oak, while domestic, Chinese and Mexican buyers do the same with #1 Com, firming prices by year-end.