US shippers demanding ever higher white-oak prices

Scarcely any further purchasing activity by European importers or merchants

US sawn-hardwood shippers continue to increase their selling prices for white oak. At up to US$3,500/1,000 bdft net tally CFR North Sea port for imperial FAS goods, in the weeks until the beginning of September 2023, there has been an even marked acceleration in the price rise evident since the first quarter. Prices...

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