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September 21, 2020

COVID-19 delays long-anticipated European oak supply crunch

COVID-19 delays long-anticipated European oak supply crunch
At the start of the year, before the effects of the COVID-19 pandemic were felt, demand for European oak had picked up strongly.    While the signs were encouraging on the demand side, there were concerns about mounting supply problems for prime grade European oak, particularly in wider and longer specifications. This is a problem that has been building for some time as supply of the best quality European oak logs has been falling for the last 10 to 15 years.    As the seriousness of the pandemic became clear in the second ...

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