Walnut Inventories Won't Move
December 8, 2011 | 2:44 pm CST
Cabinetmaker sues Cessna, Berkline bankrupt, KBIS cabinets top week's stories

Hardwood Review editors recap availability status of yellow birch, cerry wood, hard maple, red oak, poplar and walnut - with some sellers sitting on inventory they couldn't move.

Hardwood Publishing offers Hardwood Review, Hardwood Leader, WoodLogics and other services  for lumber buyers and sellers in the wood manufacturing industries.

Yellow Birch – Ongoing weak distribution yard demand continued to hurt sales of upper-grade Yellow Birch. Mills and yards that have had any success selling Yellow Birch in the current market have done so by sorting to customers’ specs.

Cherry Wood – Upper-grade Cherry remained abundant, but the commons sold well despite slower year-end cabinet plant purchasing.

Hard Maple – Increased Hard Maple production in the North Central region has improved kiln-dried lumber availability and stabilized most prices. Northeastern contacts, however, reported higher prices for most Hard Maple items, driven by wet-weather-induced production declines.

Red Oak – Northern Red Oak price declines have slowed for the most part. Appalachian 4/4 and 5/4 Red Oak prices trended down, but inquiries picked up and prices firmed up for 6/4 and 8/4. Demand and prices for Southern 4/4 and 5/4 FAS/1F Red Oak were unchanged, albeit at relatively low levels. Markets for Southern 4/4 and 5/4 #1 Common Red Oak slowed and prices softened. Most residential and truck trailer flooring plants in all regions kept purchasing quotas in place on 4/4 and 5/4 #2&3A Common Red Oak.

Poplar – Buyers expressed some frustration at steadily rising Appalachian Poplar prices. Southern Poplar sales have picked up alongside Appalachian, but prices have not firmed up much.

Walnut – Walnut sales were slower and several sellers were sitting on inventories they couldn’t move.Walnut Inventories Won't Move

Have something to say? Share your thoughts with us in the comments below.