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U.S. lumber and panel market reports

September 05, 2011


U.S.: Lumber and panel market report ---- Week 35  2011

While sales slowed Thursday, the week as a whole brought better action than many traders expected in advance of a holiday. This was most evident in western species and in Western S-P-F. Lean inventories and jobs needing coverage forced some buyers of these species to step in before they had intended to. Stronger sales to customers offshore also provided some lift. 9-foot studs in 2x4 and 2x6 were standouts. Dry Fir producers fielded inquiries for 9s from non-traditional markets such as Florida and Alabama.



Week
Sep 2

Week
Aug 26

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$258
$257
$248
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
245
230
225
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
335
320
310
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
240
240
200
Southern Pine (Westside) #2 2x4 R/L
249
259
244
KD Coast Hem-Fir Std&Btr 2x4 R/L
260
260
230
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
530
530
515
* Weighted average of 15 key items


Price trends were mixed in structural panel markets. OSB prices were flat to down on the eve of the holiday weekend. Much of the week's telephone activity consisted of end users tracking shipments with their suppliers. Active sales Thursday prompted most Southern Pine plywood producers to bump quotes up as the day progressed. Producers reported order files at least into the week of September 12. Western Fir plywood order files crept later into September, and prices of sheathing moved slightly higher.
(f.o.b. mill prices)
Week
Sep 2
Week
Aug 26

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$289
$287
$293
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 295-325
285-320
305-332
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
300-330
295-325
318-350
Western 1/2-inch 4-ply exterior sheathing plywood 322
314
310
North Central 7/16-inch Oriented Strand Board 192
192
170
*Weighted average of 11 key items

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

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