Since 1922

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Appalachian Comments

RED OAK

Reports suggest this species is gaining a bit more traction in domestic markets where it has long been out of favor, such as the cabinet sector. Similarly, Red Oak is attracting more interest in Europe as a substitute for White Oak. These are isolated reports, so far, but they bear watching. Whatever momentum Red Oak might be gaining in those markets is being overshadowed by weaker business in China. While surveys and transaction documents include some large block sales of kiln dried 4/4 Fas and 4/4 #1C Red Oak at substantial discounts, most information shows modest decline. The 4/4 through 6/4 #1C and 4/4 #2A listings and noted ranges are lowered accordingly. The combination of low sawmill production and good demand for the common grades from flooring plants is mitigating the impact of reduced green Red Oak purchasing by concentration yards. Only the 4/4 Fas&1f listings register decreases this week.

WHITE OAK

Markets for green White Oak appear to be stronger than they actually are. Mills are readily moving green #3A&Btr, but that is mainly due to low production, not high demand. With the supply imbalance, prices are rising. The WHAD 4/4 through 8/4 #1C&Btr listings notch gains, as do all the WHND figures. Demand for Fas White Oak is holding up fairly well in Europe. However, that is not the case for #1C and #2A shipments to China and Vietnam. Prices vary accordingly, though the only changes warranted in this issue are increases for 8/4 Fas and decreases for 6/4 #1C.

WALNUT

Sagging exports to the Far East – particularly China – are having a significant impact on overall demand for Walnut. Kiln dried prices have become more fluid amid heavy competition for Chinese orders. Concentration yards with export programs are being much more conservative with green lumber purchases and purchase prices. Supplies of most green and kiln dried items now exceed demand. The green 4/4 through 8/4 #1C&Btr, 4/4 #2A, and 5/4 #2A listings retreat, as do the kiln dried 4/4 #2A&Btr, 5/4 through 8/4 Fas, and 5/4 #1C figures.

Pricing Changes

APPALACHIAN AREA – GREEN:
ASH  4/4 FAS 1305+
 5/4 1C 905+
2A 605+
 6/4 1C 950+
2A 615+
 8/4 FAS 1650+
1C 1030+
2A 645+
BASSWOOD  4/4 FAS 890-
1C 455-
2A 285-
 5/4 FAS 985-
 6/4 FAS 1040-
 8/4 FAS 1070-
 9/4 FAS 1095-
CHERRY  4/4 2A 350-
3A 305-
 5/4 2A 360-
3A 325-
 6/4 2A 360-
3A 345-
 8/4 2A 380-
3A 355-
CHERRY – NORTH CENTRAL  4/4 FAS 1090-
1C 650-
2A 355-
3A 320-
 5/4 FAS 1125-
1C 690-
2A 375-
3A 320-
 6/4 FAS 1185-
1C 715-
2A 385-
3A 360-
 8/4 FAS 1235-
1C 720-
2A 400-
3A 365-
HARD MAPLE – #1&2 WHITE  4/4 2A 470-
 5/4 FAS 1415-
 6/4 FAS 1545-
1C 960-
 8/4 FAS 1595-
1C 990-
HARD MAPLE – UNSELECTED  4/4 2A 445-
3A 400-
 5/4 FAS 1285-
2A 470-
3A 405-
 6/4 FAS 1445-
1C 895-
2A 555-
3A 430-
 8/4 FAS 1495-
1C 950-
2A 590-
3A 465-
RED OAK  4/4 FAS 915-
WHITE OAK  4/4 FAS 1845+
1C 910+
 5/4 FAS 2195+
1C 990+
 6/4 FAS 2400+
1C 1065+
 8/4 FAS 2685+
1C 1170+
WHITE OAK – WHND  4/4 FAS 1320+
1C 805+
SW 515+
 5/4 FAS 1350+
1C 855+
SW 545+
POPLAR  5/4 1C 525+
2A 390+
 6/4 1C 530+
2A 395+
 8/4 1C 545+
2A 400+
WALNUT  4/4 FAS 2535-
1C 1640-
2A 965-
 5/4 FAS 2750-
1C 1750-
2A 1050-
 6/4 FAS 3045-
1C 1950-
 8/4 FAS 3415-
1C 2150-
APPALACHIAN AREA – KILN DRIED:
ASH  8/4 FAS 2430+
CHERRY  4/4 FAS 1485-
1C 975-
 5/4 FAS 1725-
1C 1080-
 6/4 FAS 1805-
1C 1235-
 8/4 FAS 1935-
1C 1315-
CHERRY – NORTH CENTRAL  4/4 FAS 1590-
2A 675-
 5/4 FAS 1780-
1C 1165-
 6/4 FAS 1880-
1C 1300-
 8/4 FAS 1995-
1C 1370-
HICKORY  4/4 1C 1210-
HARD MAPLE – #1&2 WHITE  4/4 2A 790-
 5/4 FAS 1895-
 6/4 FAS 2230-
HARD MAPLE – UNSELECTED  5/4 FAS 1840-
 6/4 FAS 2155-
SOFT MAPLE – SAP&BTR  4/4 1C 1025-
SOFT MAPLE – UNSELECTED  4/4 1C 995-
RED OAK   4/4 1C 950-
2A 690-
 5/4 1C 1075-
 6/4 1C 1250-
WHITE OAK  6/4 1C 2030-
 8/4 FAS 4210+
POPLAR  4/4 1C 715-
WALNUT  4/4 FAS 4000-
1C 2595-
2A 1805-
 5/4 FAS 4165-
1C 2920-
 6/4 FAS 4715-
 8/4 FAS 5040-
APPALACHIAN AREA – KILN DRIED NET:
ASH  8/4 FAS 2610+
CHERRY  4/4 FAS 1600-
1C 1050-
 5/4 FAS 1855-
1C 1160-
 6/4 FAS 1940-
1C 1330-
 8/4 FAS 2080-
1C 1415-
CHERRY – NORTH CENTRAL  4/4 FAS 1710-
2A 725-
 5/4 FAS 1915-
1C 1255-
 6/4 FAS 2020-
1C 1400-
 8/4 FAS 2145-
1C 1475-
HICKORY  4/4 1C 1300-
HARD MAPLE – #1&2 WHITE  4/4 2A 850-
 5/4 FAS 2040-
 6/4 FAS 2400-
HARD MAPLE – UNSELECTED  5/4 FAS 1980-
 6/4 FAS 2320-
SOFT MAPLE – SAP&BTR  4/4 1C 1100-
SOFT MAPLE – UNSELECTED  4/4 1C 1070-
RED OAK  4/4 1C 1020-
2A 740-
 5/4 1C 1155-
 6/4 1C 1345-
WHITE OAK  6/4 1C 2185-
 8/4 FAS 4525+
POPLAR  4/4 1C 770-
WALNUT  4/4 FAS 4310-
1C 2795-
2A 1940-
 5/4 FAS 4485-
1C 3145-
 6/4 FAS 5080-
 8/4 FAS 5425-