| Framing lumber trading grew quieter as the week progressed. Many
key decision-makers were out of their offices by Wednesday en route to
the NAWLA Traders Market in Las Vegas. Traders left behind had few
prospects to pursue in a market lacking urgency on the buy side.
Prices eroded in almost all species. Producers rarely chopped asking
levels aggressively, opting instead to entertain counters from buyers
presenting inquiries. When possible, mills worked to mitigate downward
price pressure by providing highly specified tallies and prompt
shipments.
|
Week
Oct 21
|
Week
Oct 14
|
Year Ago
2010
|
| Random
Lengths Framing Lumber Composite Price* |
$260
|
$262 |
$257
|
| KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
236
|
241
|
254
|
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
319
|
320 |
328
|
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
225
|
235
|
193
|
| Southern Pine (Westside) #2 2x4 R/L |
274
|
274 |
255
|
| KD Coast Hem-Fir Std&Btr 2x4 R/L |
257
|
263
|
267
|
| Ponderosa Pine (Inland) #2&Btr
1x12 R/L |
585
|
585
|
530
|
| * Weighted
average of 15 key items |
Structural panel prices fell hard, with plywood bearing the brunt of
the downward slide. Contrary to the sharply lower prices reported in
some plywood markets, sales of OSB were comparatively sleepy. Southern
Pine sheathing prices were in a near-collapse as several producers
opened to huge counters to move their output. Western Fir plywood
mills offered double-digit discounts on sheathing, garnering a few
bites, to move shipment times in some cases to the week of October 31.
กก
| (f.o.b. mill prices) |
Week
Oct 21
|
Week
Oct 14
|
Year Ago
2010
|
| Random
Lengths Structural Panel Composite Price* |
$295
|
$302
|
$276
|
| Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood |
305-345
|
|
270-275
|
| Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood |
315-345
|
338-358
|
280-290
|
| Western 1/2-inch 4-ply exterior sheathing
plywood |
315
|
325 |
265
|
| North Central 7/16-inch Oriented Strand Board |
195
|
195
|
185
|
| *Weighted average of
11 key items |
กก
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