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U.S. lumber and panel market reports

June 05, 2012


U.S.: Lumber and panel market report ---- Week 22  2012

Framing lumber buyers held back amid uncertainty about the market's next move. While wholesalers and distributors placed orders to replenish depleted inventories, the overall sales pace was decidedly slower than in the weeks leading up to the U.S. holiday. Orders were heavy to mixes, as buyers limited their exposure and focused on filling inventory holes. Softness crept into prices of key commodities, and the Random Lengths Framing Lumber Composite Price slipped $1.


Week
Jun 1

Week
May 25

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$343
$344
$261
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
309
309
230
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
406
405
330
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
247
250
250
Southern Pine (Westside) #2 2x4 R/L
360
360
267
KD Coast Hem-Fir Std&Btr 2x4 R/L
325
325
270
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
590
595
615
* Weighted average of 15 key items

Western Fir plywood was a standout in structural panel markets. Shipments of CC rivaled that of any other week on record for a couple of producers, and continued forward sales helped the broader western Fir market post steady gains. While it was a slower week of sales for most OSB mills, prices in all producing regions continued to tilt upward. Production remained in check, while demand was steady. Several Southern Pine plywood producers entered the short week with holes to fill in next week's rated sheathing order files.

(f.o.b. mill prices)
Week
Jun 1
Week
May 25

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$367
$364
$274
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 385-400
385-400
285-305
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
390-410
390-415
280-310
Western 1/2-inch 4-ply exterior sheathing plywood 392
388
286
North Central 7/16-inch Oriented Strand Board 248
243
175
*Weighted average of 11 key items


  

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

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