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U.S. lumber and panel market weekly reports

January 16, 2011


U.S.: Lumber and panel market report ---- ---- Week 2, 2011

Winter weather and traders stepping to the sidelines to watch Friday's close of the January futures contract led to a mostly slow week of framing lumber sales, and a flattening in prices. However, Southern Pine ! with prices lagging other species ! was more active. SYP prices were competitive in crossover markets, and treaters were active participants. Order files into the latter half of January supported many mills, but softening was evident as well, particularly in S-P-F, with some key prices falling by double digits.
 
 
Week
Jan 14

 
Week
Jan 7

 
Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$305
$301
$262
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
309
 
321
236
 
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
395
 
395
310
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
275
 
272
 
220
 
Southern Pine (Westside) #2 2x4 R/L
317
 
303
272
KD Coast Hem-Fir Std&Btr 2x4 R/L
300
 
300
230
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
575
 
575
605
* Weighted average of 15 key items

 

Panel market
Structural panel markets slowed abruptly. Trading was quiet across the U.S. and Canada in OSB. Prices posted modest gains early, then drifted sideways in most markets. The winter weather that hit the East and South slowed Southern Pine plywood sales to a trickle at the start of the week. Traders in some areas were unable to get to their offices. In western Fir plywood, varying factors neutralized one another and contributed to a dormant market and flat prices.

 
prices)
Week
Jan 14
 
Week
Jan 7

 
Year Ago
2010
Random Lengths Structural Panel Composite Price*
$309
$304
$275
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 292-320
 
285-305
290-296
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
320-340
 
312-325
292-315
Western 1/2-inch 4-ply exterior sheathing plywood 340
 
338
272
North Central 7/16-inch Oriented Strand Board 218
 
215
182
*Weighted average of 11 key items

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