Accelerated decay registered in prices for white oak

Increases in many US works’ stocks of sawn-hardwood recently

US shippers’ selling prices for white oak fell significantly during the course of July 2022. With cuts of up to US$400/1,000 bdft, the rate of price decay was considerably greater than in June. US$4,100-4,500/1,000 bdft net tally CFR North Sea port is being quoted in the latest contracts for 4/4” FAS white oak. In s...

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