April 7, 2022: Spongy Market May Offer Short-term Deals
Justin Binning and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Shipments are increasing out of Canada, easing some supply constraints, but inventories remain low while demand stays strong. With ongoing transportation challenges, the market is “spongy” in the short-term with deals likely to be found in certain species and grades. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine, and Jeff has been with AIFP since 2012, focused on MSR and European lumber. Both specialize in high grade lumber for the component manufacturing industry.