Appalachian Comments

CHERRY

Chinese markets for Cherry gained momentum in late fall, allowing sawmillers to bleed off excess inventories that accumulated over the summer and increase production. That momentum has slowed more recently, however, and Cherry is again making some sellers’ lists of worst-moving items. Cherry shipments to other export markets are extremely limited and domestic demand is sluggish, offering no real competition to offset demand shifts from China. Cherry price changes are not as active this week as in prior weeks, but reports lift the listings for green 4/4 #1C and #2A in the North Central producing region. Kiln dried pricing is unchanged from recent weeks, allowing all listings and ranges to stand.