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U.S. lumber and panel market reports

February 14, 2011


U.S.: Lumber and panel market report ---- ---- Week 6, 2011

While severe weather continued to hinder job site activity across much of the continent, sales of framing lumber picked up at midweek. For many dealers, it was a matter of needing to replenish bare-bones inventories. Some buyers reported a slug of jobs opening up in March, and the need to get lumber rolling could wait no longer. Buyers also saw weakening prices early on as a buying opportunity. Prices firmed in late trading, but failed to recover all their losses, and the Framing Lumber Composite dipped $4, to $293.


 
 
Week
Feb 11

 
Week
Feb 4

 
Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$293
$297
$314
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
288
 
292
293
 
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
374
 
373
355
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
265
 
250
 
255
 
Southern Pine (Westside) #2 2x4 R/L
322
 
335
330
KD Coast Hem-Fir Std&Btr 2x4 R/L
295
 
290
280
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
575
 
575
700
* Weighted average of 15 key items

 

Panel market
Structural panel markets kicked into high gear. OSB sales heated up in a big way Wednesday and Thursday, allowing mills in most regions to push up quotes and continue selling. Action in OSB spilled into the Southern Pine plywood market late Tuesday and Wednesday. Rated sheathing prices initially bounced back close to the levels producers reported at the end of last week. Western Fir plywood buyers acknowledged that demand from China was affecting production costs and some mills were determined to hold their quoted prices.

 
f.o.b. mill prices)
Week
Feb 11
 
Week
Feb 4

 
Year Ago
2010
Random Lengths Structural Panel Composite Price*
$295
$289
$308
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 305-315
 
290-320
315-330
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
310-330
 
305-330
325-355
Western 1/2-inch 4-ply exterior sheathing plywood 315
 
307
315
North Central 7/16-inch Oriented Strand Board 195
 
182
220
*Weighted average of 11 key items

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

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