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U.S. lumber and panel market reports
Jun 11, 2007


U.S.: Lumber and panel market report ---- Update Weekly
          

Most framing lumber markets paused after several weeks of steady sales at firm to higher prices. Southern Pine was a notable exception, as a strong week of sales pushed order files out and prices higher. Momentum from previous week's action carried some prices in other species higher, as well. But a spotty sales pace in Western Canada and the West failed to keep up with production. This generated a softer tone, although the increases in Southern Pine helped the Random Lengths Framing Lumber Composite post a $2 gain.


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Panel market

Sales of OSB lagged the stronger pace seen in plywood markets. While business was improving for some dealers, most continued to limit their purchases to a needs-only basis. After a sluggish start, trading in Southern Pine plywood gained momentum on Tuesday and carried through Friday. Strong participation from secondaries extended some mills' order files into July. Western Fir plywood sales were fluid in the field, although dealers and distributors were less inclined to replenish because of extended mill order files.



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Source:
Used with permission granted by Random Lenghts Publications, Inc

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