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FRANCE LOVES OAK

France has launched the so called ‘Label Auctions.’

In other words you are bidding for specific grades/ quality and of course types of wood.

As a result of these auctions the price of oak has risen slightly while the amount of unsold wood seems to have remained stable.

I suppose you would have to view these rather like trading floors, accentuating supply and demand.

A recent survey found a heavy demand for all oak products whereas Beech prices fell compared to last year and prices for medium diameter logs increased.

Any system that helps prices in our industry must be viewed as good.

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