C.
,“Demand is up and prices are
strengthening, but there is not a lot of Cedar
available. The supply wonʼt improve much
before March or April due to logging conditions.
Logging is just starting to pick up a bit
now. The first quarter will be tight for
clears. Most of our customers are optimistic
about the new year saying it will be the same
or better than 2012. Europe will be a struggle—
level to down in demand. However
Europe is low on inventory and some
importers will buy big volumes off the
majors; this will affect all of us on the supply
side positively. On the North America side
the input we are getting is that retail demand
for Cedar is strong. The talk is very optimistic
from the market side. Our mill does
have logs, but we need more.”
Al Fortune, head of Mid Valley Lumber
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