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All eyes on material supplies
9th June 2021

All eyes on material supplies

All eyes on material supplies

BLOG · BY TTF CEO DAVID HOPKINS · 9 June 2021

In what is bound to be a story which will be carried across summer, we have seen numerous articles published over the weekend looking at the strong tension between demand and supply across all construction materials.

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In what is bound to be a story which will be carried across summer, we have seen numerous articles published over the weekend looking at the strong tension between demand and supply across all construction materials.

Travis Perkins’ chief operating officer Frank Elkins was the latest to take to media to urge builders to plan ahead if they want to avoid any gaps in their supply. We ourselves have been calling for all users of timber to work closely with suppliers on their purchasing strategies, and to take a forward-looking perspective as timber is likely to remain on allocation across our recent releases.

It is advice we share again with our latest statistics showing demand for timber and panel products in Q1 2021 at its highest in more than a decade – since Q1 2007. The volume of solid timber and panel products for Q1 2021 was 23% higher than Q1 2020, as volume imports neared almost 3 million m3 (2,938,000 m3) compared to last year’s 2,396,000m3.

Our members are able to download the latest TTF Monthly Statistics exclusively on our website, while our Supply Dashboard is open to all.

I would like to give a special thanks to all our members who joined us this morning at our National Softwood Division meeting. The feedback you provide in these meetings is invaluable, showing in full the business behind the numbers to give us a real feel of the pulse of the market and its future direction.

For any of our members with questions on all matters relating to timber please do remember we have our next TTF Q&A Clinic on 30 June from 12:30 to 13:30.

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