Thursday, 15 December 2016 15:43

Tropical Hardwood Lumber: What will next year bring?

There is little debate that the tropical hardwood lumber business in the United States has been experiencing a slowdown over the last year or so.  Manufacturers that use imported lumber for their products have been able to find ample supply on the ground in most instances. Prices have not risen and for the most part suppliers have been managing down their inventories in a methodical manner.

44 PR Spanish Cedar Worldwood loading IMG 5902However, next year could bring change.  Recently we have seen some signs of the market strengthening.  The US housing market is still doing well and new commercial projects that are including certain tropical lumber requirements are surfacing.

We feel market prices have remained stable on most items although slight increases in some of the African species such as Sapele, Utile, Wenge and African Mahogany might be appearing in the marketplace soon.

In recent years our inventory list of items has been decreasing due to lack of demand. However, we have recently seen an increase in inquiries for species like Morado (Bolivian Rosewood) and Canarywood so we now have them on order once again and should have them available for sale from our Cove City, North Carolina yard in early 2017. 

We are fortunate that we have developed a reputation as a leading provider of “the mahogany family of products”.  We feel confident that our demand for those items, (Sipo, Sapele, “Swietenia”, & African Mahogany), will remain consistent throughout the new year and we will manage our inventory levels accordingly.

What are your thoughts, or needs for tropical lumber in 2017?  Let us know. We would be happy to help you develop a plan that works for you.

Jesper Bach
This email address is being protected from spambots. You need JavaScript enabled to view it.





quotebuttonRequest a hardwood lumber quote!
Click Here

Baillie Lumber Overview

Watch this video and learn more.

© 2017 Baillie Lumber Co. All Rights Reserved. Developed and Managed by CESSON 3.0