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September 21, 2021

French oak market close to overheating due to unprecedented price surge

French oak market close to overheating due to unprecedented price surge
Rarely has a rise in wood prices been so sharp and brutal in France. While oak prices took a hit in the back of the head in 2020 due to the Covid pandemic, barely a year later, demand has picked up at a frantic pace. The pandemic does not seem to be completely stopped yet, but that does not prevent the French oak market from being very close to overheating.  The first autumn auctions, in particular those of Burgundy, leave no doubt about the current price increases. The ONF (France's National Forest Office)  auction in Châtenoy ...

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