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U.S. lumber and panel market reports

July 19, 2011


U.S.: Lumber and panel market report ---- Week 28,2011

Sales were better than expected for mid-July, and traders welcomed the activity. Prices adjusted in both directions, but the trend was predominantly upward. Even as some producers restarted following downtime around the Fourth of July, others kept their output reined in. This boosted order files at some mills, and forced some buyers to scramble for coverage. Weather was a factor, with sweltering temperatures limiting job site activity in the eastern half of the U.S


Week
Jul 15

Week
Jul 8

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$269
$266
$255
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
253
251
217
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
339
335
320
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
260
260
193
Southern Pine (Westside) #2 2x4 R/L
258
255
252
KD Coast Hem-Fir Std&Btr 2x4 R/L
280
280
225
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
565
575
615
* Weighted average of 15 key items

Structural panel sales were mixed. Sales of OSB dragged, and prices were flat to down. Truckload sales out of warehouses showed the most life; several traders observed that this action was steady to strong. Trading in Southern Pine plywood was a rerun, as producers and secondaries waded through another sluggish, uneventful week. Western Fir plywood mills and secondaries reported more frequent spurts of sales, sometimes outpacing production.


(f.o.b. mill prices)
Week
Jul 15
Week
Jul 8

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$275
$278
$329
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 285-310
285-310
350-368
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
286-312
288-310
355-382
Western 1/2-inch 4-ply exterior sheathing plywood 283
283
339
North Central 7/16-inch Oriented Strand Board 167
173
205
*Weighted average of 11 key items



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

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