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U.S. lumber and panel market reports

August 08, 2011


U.S.: Lumber and panel market report ---- Week 31,2011

Steep early week drops in futures, Thursday's stock market plunge, and stifling heat across much of the eastern half of the U.S. created a difficult atmosphere in which to trade wood products. Concerns about the U.S. economy dominated talk in markets, and many buyers pulled back to digest the week's developments. After stronger-than-expected trading in July, prices of many key framing lumber items tipped over the top and moved down. These losses were largely offset by early gains in Southern Pine.


Week
Aug 5

Week
Jul 29

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$272
$273
$247
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
242
256
218
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
336
339
325
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
250
248
175
Southern Pine (Westside) #2 2x4 R/L
277
272
234
KD Coast Hem-Fir Std&Btr 2x4 R/L
270
277
225
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
545
550
555
* Weighted average of 15 key items

Structural panel prices gained amid a lukewarm trading pace. Prices remained on an upward track in OSB markets. Thursday's historic dive in the stock market gave pause to a number of traders, but the market overall remained on a firm footing. Southern Pine plywood sales lagged the pace at the end of last week, but mills put together enough business to sustain order files and support firm to higher prices. Western Fir plywood sales slowed, as buyers digested earlier orders and avoided purchases for extended shipment.


(f.o.b. mill prices)
Week
Aug 5
Week
Jul 29

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$288
$284
$297
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 287-320
287-317
315-335
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
295-325
295-325
320-335
Western 1/2-inch 4-ply exterior sheathing plywood 312
307
314
North Central 7/16-inch Oriented Strand Board 187
178
165
*Weighted average of 11 key items



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

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