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U.S. lumber and panel market reports

September 11, 2012


U.S.: Lumber and panel market report ---- Week 36  2012

Post-Labor Day sales of framing lumber were hit and miss. Gainers outnumbered losers in Southern Pine, as demand from Texas held up and central zone mills got untracked following last week¡¯s hurricane. Elsewhere, soft prices were widespread. Cuts were not particularly deep, although suppliers at all levels reported that their customers sometimes countered them hard. A key priority for many buyers was prompt shipment, limiting their negotiating power. The Random Lengths Framing Lumber Composite Price slipped $1.




Week
Sep 7

Week
Aug 31

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$341
$342
$259
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
308
312
257
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
411
417
338
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
307
317
245
Southern Pine (Westside) #2 2x4 R/L
374
366
244
KD Coast Hem-Fir Std&Btr 2x4 R/L
322
327
265
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
465
460
530
* Weighted average of 15 key items

Structural panel sales were quiet. OSB mill prices drifted sideways in slow trading. Much of the week¡¯s action was at the secondary level, where wholesalers and distributors took profits on what they owned. Southern Pine plywood sales faded to a trickle. Buyers confined purchases to immediate needs, citing concern about downside risk. Producers showed little urgency to chase orders with discounts. Western Fir mills conceded little on sheathing, even as sales failed to keep pace with production.

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(f.o.b. mill prices)
Week
Sep 7
Week
Aug 31

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$458
$456
$290
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 437-477
437-477
298-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
455-487
455-487
304-335
Western 1/2-inch 4-ply exterior sheathing plywood 470
470
326
North Central 7/16-inch Oriented Strand Board 360
360
190
*Weighted average of 11 key items

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

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