October 5, 2022: Stability Taking Emotion Out of Market
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Justin reports SYP visual grades appear to be leveling off again, but MSR continues to be tight due to seasonality, contracted volume, and reductions in SPF MSR production. Ken says in western species there continues to be a disconnect between the level buyers want to buy and the sellers want to sell. Both guests agree there is considerably less fear in the market today, largely taking emotion out of buying. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.