HARDWOOD MARKET

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HARDWOOD MARKET

• UPDATE

Presented by
Brian Garbacz
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• Partners with Remabec Arbec
• Exclusive agents for SPF and HW mills
• SPF Sales 700mmfbm
• HW Sales 15mmfbm Pallet Lumber

Brian Garbacz
900 Selkirk, Pointe-Claire Québec
(Canada) Phone [phone] Fax (514)
694-9221 Email hardwood_at_boscus.com Web
http//www.boscus.com
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Hardwood Sawing

• Logs cut for grade first (2Com Btr)
• Uppers 25 MG 35 Pallet 40

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Hardwood Lumber Sales 2008

• Upper-Grade Sales Steady, Stable
• Dist. yards inventories rising
• Mid Grades showing signs of slowing
• Pallet Market fluctuating
• Balance between Supply and Demand
• Profitability

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Production - 2009

• SPF and Hardwood Production Reduced
• Further Mill Closures
• Imported Species
• Logging still a Concern

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• Housing Starts (2006 to Present)

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2009 Outlook

• Expect slow 1st quarter
• Survival mode for many mills
• Mergers

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2009 HW Pallet Lumber Availability

• Hardwood may become scarce
• Demand will play a key factor
• Profitability
• Competition for Industrial-type lumber
• Partnerships

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• US Furniture manufacturer Consumption

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• MERCI!
• THANK YOU!
• HAPPY HOLIDAYS!