February 24, 2022: Market Should Continue Upward Climb
Date postedFebruary 28, 2022
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests agree the market will likely continue upward over the next 90 days, though likely not along a smooth curve. It is clear buyers are keeping lower inventories and buying in smaller quantities. Delivery wait times will likely continue to extend due to transportation logistic challenges. 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.