Domestic business is seasonally slow for Red Oak. The reported uptick in Chinese purchasing in November and December has worn off some in January, partly because exporters have less time to get containers on the water for delivery to Chinese ports before the start of Chinese New Year in mid-February. Still, Red Oak makes more sellers’ lists of best-moving than worst-moving species, with interest stronger for #1C&Btr than for #2A. Some contacts report slightly lower Red Oak prices, and one producer said he is getting better prices for 7/4 than for 8/4 Fas. The listings for 4/4 Fas fall back and the low ends of the 8/4 #1C ranges advance. All the other kiln dried figures remain intact. Broadly speaking, green Red Oak output is balanced with buyers’ needs.
Appalachian Comments
RED OAK
Domestic business is seasonally slow for Red Oak. The reported uptick in Chinese purchasing in November and December has worn off some in January, partly because exporters have less time to get containers on the water for delivery to Chinese ports before the start of Chinese New Year in mid-February. Still, Red Oak makes more sellers’ lists of best-moving than worst-moving species, with interest stronger for #1C&Btr than for #2A. Some contacts report slightly lower Red Oak prices, and one producer said he is getting better prices for 7/4 than for 8/4 Fas. The listings for 4/4 Fas fall back and the low ends of the 8/4 #1C ranges advance. All the other kiln dried figures remain intact. Broadly speaking, green Red Oak output is balanced with buyers’ needs.