News Focused on the Wood Market

Walnut sales knock cherry off the top

Monday, 14 March 2011 00:00

20_walnut_01For a number of years now, cherry has absolutely ruled the domestic wood market. Demand has been strong and retail prices have exceeded $6/bf for nearly 10 years. However, things have changed during the last year or two and walnut has emerged as the current wood of choice. Wholesale and retail dealers can't pinpoint the reason why, but in this economy they are simply happy that something is selling well.

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Eastern red cedar sales increase for some

Monday, 14 February 2011 00:00

Woodshop News last wrote about Eastern red cedar in June 2003, more than seven years ago. When calling back some of the contacts for that story, mainly mills, it was discovered that several have closed. Conversely, several mills and dealers have actually seen their businesses grow. It does appear that for some wood dealers who focus on specific species, the last several years have become a matter of survival of the fittest.

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Northern red oak goes south quickly

Sunday, 13 February 2011 00:00

25_retailpricechart_01It's no secret that wood prices are based on supply and demand. And during the last several years, there probably isn't a better example of that principle than red oak.

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Quality, not quantity, defines black palm

Monday, 17 January 2011 00:00

25_wood_markets_01Black palm is just one of hundreds of species of palms in the world and, although it is often referred to as a hardwood, technically it is not. Like bamboo, it is a grass. Black palm is also called black palm wood and grows primarily in South America and Southeast Asia. It is available in veneer form and solids in 4/4, 6/4 and 8/4 thicknesses. However, a typical black palm will only yield a small amount of wood. The tree's center is very soft and mushy, similar to a pumpkin.

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The bottom falls out on poplar sales

Monday, 17 January 2011 00:00

24_wood_marketsA year ago, when Woodshop News last wrote about the poplar market, retail and wholesale dealers were enthusiastic about the amount of poplar they were selling, its escalating prices and their higher profit margin. Now it's pretty much a dead wood and prices have dropped significantly, to the point where there is little money to be made on the few sales that are made. All in all, it is a pretty dismal picture.

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