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U.S. lumber and panel market reports

June 14, 2011


U.S.: Lumber and panel market report ---- Week 23,2011

Price trends in framing lumber varied widely between producing regions, leaving the overall consensus on the market muddled. Strength was most evident in western species, as buyers scooped up many of the prompt loads that mills offered. Southern Pine was mixed, with eastside producers marking a decent week of sales, while the westside was hampered in part by a heat wave. Western Canadian producers fell back on modest order files established the previous two weeks, holding mostly firm on their quotes.



Week
Jun 10

Week
Jun 3

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$262
$261
$272
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
230
230
215
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
328
330
313
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
250
250
205
Southern Pine (Westside) #2 2x4 R/L
264
267
306
KD Coast Hem-Fir Std&Btr 2x4 R/L
275
270
245
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
610
615
695
* Weighted average of 15 key items


Downward price pressure eased in structural panel markets. OSB trading was uneventful, but reduced output allowed most producers to keep prices on a firm footing. Action was best in the East. In Southern Pine plywood, discounts on rated sheathing that were prevalent early in the week had largely dried up by Friday. Mills firmed quotes and were more resistant to counters after extending order files into the week of June 20. Western Fir plywood producers found trading levels Tuesday that allowed them to clear floor stocks, build modest order files, and bounce prices off their lows for the week.


(f.o.b. mill prices)
Week
Jun 10
Week
Jun 3

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$278
$274
$332
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 284-298
285-305
357-365
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
280-310
280-310
360-375
Western 1/2-inch 4-ply exterior sheathing plywood 291
286
352
North Central 7/16-inch Oriented Strand Board 182
175
195
*Weighted average of 11 key items



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

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