Demand remains firm for tropical hardwoods in North American markets

Despite a modest slowdown in new orders, the demand for tropical hardwoods remains robust in North American markets, particularly in high-end projects and exterior applications, with supply issues varying across different species and specifications. Many tropical hardwood importers in the US and Canada indicate sales have been steady in the first half of October compared to September. Others report a modest slowdown in new orders. Most are still experiencing decent outbound shipments due to solid order bookings in late summer. Tropical hardwoods have typically been most prevalent in high-end projects because they are relatively expensive. That ...