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U.S. lumber and panel market reports

December 04, 2012


U.S.: Lumber and panel market report ---- Week 47  2012

Random Lengths Lumber Market Report

The market¡¯s strong November finish was a source of wonder for some traders and consternation for others. The Random Lengths Framing Lumber Composite Price was close to $100 higher than a year ago, with mills solidly in control moving into December. While producers and secondaries working from long positions liked the market¡¯s strength, dealers and jobbers who were offside on jobs bid months earlier took the other side. Early week strength was largely driven by Western S-P-F.


 
Week
Nov 30
Week
Nov 21
Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$360
$355
$266
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
352
336
239
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
443
430
330
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
285
283 230
Southern Pine (Westside) #2 2x4 R/L
419
415
291
KD Coast Hem-Fir Std&Btr 2x4 R/L
345
333
252
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
500
500
585
* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel markets were stable, but unspectacular. OSB sales and price trends varied widely by geography. Demand was strongest in Western Canada. Some traders said unseasonably mild weather fueled purchasing in this region. Quiet trading in Southern Pine sheathing left prices close to previous levels. A few western Fir plywood mills and wholesalers with month-end inventory concerns offered small price concessions on sheathing early in the week. However, those buying opportunities were short-lived.


(f.o.b. mill prices)
Week
Nov 30
Week
Nov 21
Year Ago
2011
Random Lengths Structural Panel Composite Price*
$438
$438
$301
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 408-425
408-425
308-340
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
420-450
420-450
320-345
Western 1/2-inch 4-ply exterior sheathing plywood 397 395
345
North Central 7/16-inch Oriented Strand Board 345
345
192
*Weighted average of 11 key items
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(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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