hardwood publishing offers hardwood review
Sawmill capacity will remain constrained by bankruptcies and shutdowns, so any increase in demand will move hardwood prices higher. We’ll see the first evidence of this in late-September or October, as Asian markets begin to re-stock ahead of the New Year, says editors of Hardwood Review.
Cherry will be plentiful as remodeling slackens, says editors at Hardwood Review, while a downtick in China's demand for oak will make that species more plentiful by the season's end. Poplar demand will hold up better, as demand from Viet Nam, Italy and China slows.
The economic recovery will eventually pick up steam to the benefit of North American hardwood lumber producers and secondary wood products manufacturers, say editors of Hardwood Review …but probably not this summer. Most companies will have to maintain the “hunker down and ride it out” mentality a while longer.
Following is an overview of market conditions for several key North American hardwood lumber species from the editor's of Hardwood Review.