U.S. lumber and panel market reports-20120424

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U.S. lumber and panel market reports

April 24, 2012

U.S.: Lumber and panel market report ---- Week 16 2012

Southern Pine cooled in late trading from its torrid pace, while other species warmed up on Wednesday and Thursday, putting the broader framing lumber market on a firm to higher track. Despite the slower late-week pace in Southern Pine, the wides posted strong double-digit increases. After the other species erased early weakness, prices firmed and then moved higher, with the Random Lengths Framing Lumber Composite gaining $5 for the week, to $302.

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Week
Apr 20

Week
Apr 13

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$302
$297
$269

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
280

277
255

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
375

372
336

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
235

235
255

Southern Pine (Westside) #2 2x4 R/L
318

309
265

KD Coast Hem-Fir Std&Btr 2x4 R/L
297

293

280

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
630

635

655

* Weighted average of 15 key items

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Structural panel sales ranged from lethargic to slightly more active. Little urgency was evident on the part of OSB producers or their customers. Dealers purchased only what they needed. Despite reports of cautious buying from most secondaries and dealers, Southern Pine plywood producers reported steady sales. Some western Fir plywood producers capitalized on a burst of orders from Canada, others felt a boost from the agricultural bin business, and altogether order files moved out another week.

(f.o.b. mill prices)	Week Apr 20	Week Apr 13	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$345	$342	$285
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	375-395	370-394	310-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	380-410	375-405	315-325
Western 1/2-inch 4-ply exterior sheathing plywood	367	365	305
North Central 7/16-inch Oriented Strand Board	215	213	167
*Weighted average of 11 key items

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