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U.S. lumber and panel market reports

November 05, 2012


U.S.: Lumber and panel market report ---- Week 44  2012

Random Lengths Lumber Market Report

Hurricane Sandy pounded the Northeast early in the week, sapping demand in the region and pushing many traders to the sidelines to await the fallout. But the market roared back to life on Wednesday, as distributors and dealers realized they were undersupplied for late-year requirements, which proved to be heavier than anticipated. Mill order files that pushed through the middle of the month added urgency to buyers seeking coverage. Many key prices posted double-digit gains, and the Random Lengths Framing Lumber Composite Price rose $11, to $339.



 
Week
Nov 2
Week
Oct 26
Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$339
$328
$252
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
330
313
226
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
420
403
315
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
275
272 219
Southern Pine (Westside) #2 2x4 R/L
387
372
269
KD Coast Hem-Fir Std&Btr 2x4 R/L
317
310
248
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
503
503
585
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel markets kicked into high gear. The OSB market caught a second wind late in the week, surprising many traders with another price surge. Concerns about tightening availability at the mill level drove most of the week¡¯s action. An already active market for Southern Pine plywood gained momentum, and sheathing prices posted solid gains. Producers pushed order files into the last two weeks of November with little difficulty. Western Fir plywood sales caught fire Wednesday and cruised in a higher gear through Friday morning.



(f.o.b. mill prices)
Week
Nov 2
Week
Oct 26
Year Ago
2011
Random Lengths Structural Panel Composite Price*
$422
$411
$287
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 400-420
398-415
290-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
408-442
400-433
295-320
Western 1/2-inch 4-ply exterior sheathing plywood 385 370
311
North Central 7/16-inch Oriented Strand Board 325
313
185
*Weighted average of 11 key items
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(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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