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U.S. lumber and panel market reports

May 02, 2011


U.S.: Lumber and panel market report ---- Week 17,2011

Traders marked off another week of disappointing sales at all levels of the market. With month-end, some producers attempted to push more lumber toward an unwilling customer base, generating a weak and bearish tone. Traders in the South were preoccupied late in the week with tornadoes that cut a deadly swath across the region. The Midwest and Northeast battled flood waters, while other regions endured a cool, wet, sloppy -- and slow -- transition to spring.



Week
Apr 29

Week
Apr 22

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$264
$269
$367
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
238
255
320
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
333
336
400
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
250
255
290
Southern Pine (Westside) #2 2x4 R/L
265
265
448
KD Coast Hem-Fir Std&Btr 2x4 R/L
285
290
335
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
650
655
720
* Weighted average of 15 key items

Demand for structural panels remained lackluster. Another quiet week of trading left most prices drifting sideways. Mills quoted at around published levels and turned down counters. A shot of activity in the Southern Pine plywood market Thursday cleaned up many plants' April output and put most order files out to the week of May 9. However, it took severe price cuts in rated sheathing to attract buyers. The western Fir plywood market was largely void of activity. Curtailment rumors swirled.

(f.o.b. mill prices)
Week
Apr 29
Week
Apr 22

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$284
$285
$474
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 300-315
310-320
435-448
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
310-320
315-325
440-470
Western 1/2-inch 4-ply exterior sheathing plywood 300
305
448
North Central 7/16-inch Oriented Strand Board 167
167
395
*Weighted average of 11 key items

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

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