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U.S. lumber and panel market reports

July 18, 2012


U.S.: Lumber and panel market report ---- Week 28  2012

Framing lumber buyers returned from holiday breaks with less reluctance about placing orders with their suppliers. Fill-in purchases kept lumber flowing at a steady pace through the distribution system. Discounts sometimes helped mills get the ball rolling, but these were less evident in late trading. By Thursday, the specified tallies and quick shipments sought by buyers were more difficult to find. Price trends were mixed -- the Random Lengths Framing Lumber Composite Price gained $3 -- but many traders were upbeat about near-term sales prospects.



Week
Jul 13

Week
Jul 6

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$319
$316
$269
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
294
288
253
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
391
385
339
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
260
250
260
Southern Pine (Westside) #2 2x4 R/L
321
323
258
KD Coast Hem-Fir Std&Btr 2x4 R/L
305
300
280
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
535
545
565
* Weighted average of 15 key items
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Losses outweighed gains in structural panel markets. Sales of OSB were dull. Prices held in most regions, but cracks were evident in a few as mills sought to shore up their order files. Prices rebounded in the Southern Pine plywood market following an early week dip that brought buyers in to replenish depleted inventories. Western Fir plywood sales failed to keep pace with production, and in a few cases mills had to accept lower prices to clear prompt-shipping loads.


(f.o.b. mill prices)
Week
Jul 13
Week
Jul 6

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$372
$373
$275
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 384-400
385-396
285-310
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
388-405
390-402
286-312
Western 1/2-inch 4-ply exterior sheathing plywood 420
418
283
North Central 7/16-inch Oriented Strand Board 255
255
167
*Weighted average of 11 key items


  

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

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