U.S. lumber and panel market reports-20111219

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U.S. lumber and panel market reports

December 19, 2011

U.S.: Lumber and panel market report ---- Week 50 2011

A jump in futures on Thursday helped spark moribund framing lumber markets. Trading started in Western S-P-F and carried over unevenly into Eastern S-P-F and dry species in the West. Reaction in Southern Pine was almost non-existent, as traders muddled through a slow week and prices of most widths of #2 softened. Green Fir prices were soft, as well. The mixed trend was weighted to the downside, as the Random Lengths Framing Lumber Composite Price slipped $2.

Week
Dec 16

Week
Dec 9

Year Ago
2010

Random Lengths Framing Lumber Composite Price*
$265
$267
$281

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
245

239
286

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
335

332
371

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
210

225
257

Southern Pine (Westside) #2 2x4 R/L
291

291
272

KD Coast Hem-Fir Std&Btr 2x4 R/L
252

252

28

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
580

580

575

* Weighted average of 15 key items

Activity downshifted in structural panel markets. OSB inquiries and sales dwindled with the approach of year-end. Most mills were booked into their year-end shutdowns, and some had yet to offer any loads for January. Southern Pine sheathing prices were stable at unchanged or slightly higher levels, as many plants boasted order files into January. Western Fir plywood sales stalled, with a few producers still stuck with shipments of sheathing available for late December, if not next week.

(f.o.b. mill prices)	Week Dec 16	Week Dec 9	Year Ago 2010
Random Lengths Structural Panel Composite Price*	$304	$302	$282
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	312-345	310-340	265-272
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	328-355	323-355	275-290
Western 1/2-inch 4-ply exterior sheathing plywood	332	341	315
North Central 7/16-inch Oriented Strand Board	192	192	195
*Weighted average of 11 key items

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