August 4, 2021: Demand & Economy Will Bring Lumber Market Back

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Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. The recent drop in the market can be attributed to a glut of lumber suddenly available on the market. Given this has occurred during a busy summer, the oversupply of lumber should be worked through relatively quickly. Both experts agree now may be a good time to look at your expected demand into the fall and look for deals to take advantage of today. 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.