Appalachian Comments

RED OAK

Markets for kiln dried Red Oak are not robust, but they are performing well enough to absorb most stock coming out of kilns. Consumption by domestic end users varies by sector but is steady overall. Almost 55% of Red Oak exports went to China this January and February, and reports indicate shipments have gained a bit more momentum since. Prices in observed business keep all of the listings and ranges intact. For green Red Oak, demand is holding up better for Fas&1f than the common grades. Residential and truck trailer flooring factories are showing less urgency with purchases, as most have ample lumber inventories for the time being. All of the green listings hold steady.

WHITE OAK

Sawmill operators have solid order files for developing green White Oak production. That said, prices for many items have plateaued, at least for now, as concentration yards are showing more pricing restraint amid improved receipts. Only the 6/4 and 8/4 Fas&1f listings advance in this issue. Kiln dried White Oak is selling well in all grades, led by Fas. Prices for kiln dried 4/4 and 8/4 Fas, already at record levels, climb again this week. The 5/4 Fas, 6/4 Fas, 4/4 #1C, and 8/4 #1C figures also move higher, along with the 6/4 #1C ranges.