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U.S. lumber and panel market reports

February 27, 2012


U.S.: Lumber and panel market report ---- Week 8  2012

A holiday in the U.S. got the week off to a slow start, but framing lumber sales accelerated Wednesday and carried over into Thursday. Weather remained unseasonably mild across much of the U.S., spurring job site activity. Buyers working through inventories faster than expected forced replenishment. Meanwhile, some buyers were running out of time to cover jobs scheduled to get under way in March and April. Some who were holding off in hopes of a correction threw in the towel and covered their needs.


Week
Feb 24

Week
Feb 17

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$284
$284
$297
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
268
267
287
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
360
360
385
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
237
235
277
Southern Pine (Westside) #2 2x4 R/L
293
297
304
KD Coast Hem-Fir Std&Btr 2x4 R/L
278
270
305
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
645
635
590
* Weighted average of 15 key items

Structural panel prices surged as sales gained momentum. The OSB market strengthened in more active trading. Many buyers working from lean inventories were pulled off the sidelines by order files that reached mid-March or beyond. Southern Pine plywood trading kicked into high gear Tuesday afternoon, and mills fielded a steady flow of inquiries through Friday morning. Quiet activity in western Fir plywood Monday and early Tuesday evolved into the strongest week of sales since the first week of the year.

(f.o.b. mill prices)
Week
Feb 24
Week
Feb 17

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$332
$319
$295
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 350-385
330-370
305-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
362-395
340-380
300-335
Western 1/2-inch 4-ply exterior sheathing plywood 360
345
312
North Central 7/16-inch Oriented Strand Board 203
193
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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