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Red Oak pricing not hit by Coastal closure

Red Oak prices are significantly impacted by the sharp decline in Chinese demand that began in June has continued into August, say editors of Hardwood Review. Coastal Lumber's closure hasn't changed China's buying patterns yet.

Lumber supply tightens as sawmills close, Asia buys

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.

Lumber Pricing News: Sawmills will close

Business conditions will be difficult for hardwood sawmills this summer, and many in the industry are predicting a wave of permanent mill closures, say the editors of Hardwood Review in their weekly lumber pricing trends report.

Slowing demand opens hardwood supply

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.

Lumber prices firm despite low demand

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.

Wood component makers shun lumber imports

Some wood component buyers have turned back to domestic suppliers because their requirements are smaller and higher ocean shipping costs have made domestic sources competitive again, say the editors of Hardwood Review.

U.S. lumber rain out; China demand lags

Loggers curtailed activity in some areas and completely suspended operations in others, report editors of Hardwood Review, as hardwood forests across much of the eastern U.S. and Canada were wet, and in some cases, submerged.