Higher Prices Seen In Hardwood Lumber, Panel Trends

Hardwood manufacturers are looking at positive growth continuing in 2018, but they need to expect rising prices for both hardwood lumber and panel products.

According to a report from Forecon Inc., “Lumber prices for our major (by value) species have all shown heavy demand, and most have seen a consistent upward trend in price throughout 2017 and certainly coming into 2018.” Forecon Inc. is one of the oldest established professional forestry consulting firms operating in the hardwood regions of the Eastern United States.

Forecon is reporting high demand for ash lumber in the face of concerns about the emerald ash borer damaging ash timber resources. Another hardwood on the rise is black cherry, which is seeing higher demand, especially from export markets, particularly from China and other Asian countries. But there is also elevated demand in the domestic market.

There is continuing strong demand for hard maple, especially green lumber (not kiln-dried), and reports are that there has been a specific increase in demand from cabinet manufacturers. This is another case where strong export demand, especially in Asia, continues to boost the price. Soft maple is not in as much demand as hard maple, with prices actually dropping a bit in the first half of this year.

One of the steadiest and strongest species of all continues to be red oak, which has set record export levels in volume and dollars this past year, and both international and domestic are staying strong in 2018. Forecon predicts sustained high prices for oak, keeping prices high and possibly climbing even higher into the summer months.

Read more on this from Woodworking Network at https://www.woodworkingnetwork.com/news/woodworking-industry-news/higher-prices-seen-hardwood-trends.

First U.S. Hardwood CLT Project In Development

If Yugon Kim realizes his dream, the new office building or housing complex going up in your city may be made out of large hardwood panels called cross laminated timber (CLT). The technology behind CLT has been used for decades in Europe, and it is just beginning to take root in the United States with softwood CLT leading the way. Kim’s Boston-based, architectural design firm IKD just won a $250,000 grant from the Forest Service for designing, developing and constructing the first hardwood CLT demonstration project in the United States.

The aim is to take low-value hardwoods and turn them into a high-value CLT construction project as a proof of concept. Kim explained, “Over 50% of every hardwood log in the region goes to low-value materials like pallets and cants. Our idea is to utilize this material and to upcycle it.”

Kim along with his design partner Tomomi Itakura have created an outdoor CLT construction project that is titled the Conversation Plinth and will be integrated as circular discs that provide a platform for viewing a sculpture at the Cleo Rogers Memorial Library.

Kim suggested, “The ultimate goal is to construct buildings in the United States using hardwood CLT. Our research hopes to lead toward hardwood mass timbers being used for U.S construction projects.”

The Conversation Plinth was designed for Exhibit Columbus, the annual celebration of architecture, art, design and community in Columbus, Indiana. IKD’s design was selected to win an inaugural J. Irwin and Xenia S. Miller Prize as part of a national competition.

From Pallet Enterprise: https://palletenterprise.com/view_article/4927/Hardwood-CLT