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U.S. lumber and panel market reports

December 26, 2012


U.S.: Lumber and panel market report ---- Week 50  2012

Random Lengths Lumber Market Report

Typical ¡°holiday mode¡± was nowhere in sight, as consistent demand and tightening supplies kept buyers in the market and framing lumber prices on an upward path. Steady trading through Wednesday accelerated on Thursday, with a strong move in the futures market contributing to the surge. Producers and secondaries fielded a flood of inquiries for shipments in January, including contract customers seeking to up their volumes for 2013. Southern Pine, which had been soft in recent weeks in contrast to other species, joined the upward surge.

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Week
Dec 21
Week
Dec 14
Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$373
$364
$269
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
370
362
256
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
459
452
341
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
320
300 203
Southern Pine (Westside) #2 2x4 R/L
419
410
289
KD Coast Hem-Fir Std&Btr 2x4 R/L
385
370
252
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
500
500
580
* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel markets surged as the holidays approached. After a sluggish start, OSB sales roared to life in late trading. Buyers at all levels of the market felt some urgency to ensure coverage for January needs before departing for the year-end holidays. A late-week rush of orders hit Southern Pine plywood plants, and pushed reported rated sheathing prices up $3-13. Prices of western Fir sheathing and underlayment increased by double digits during a week of sales many traders called ¡°unprecedented.¡±


(f.o.b. mill prices)
Week
Dec 21
Week
Dec 14
Year Ago
2011
Random Lengths Structural Panel Composite Price*
$454
$442
$305
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 415-430
410-425
312-345
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
430-453
420-450
333-360
Western 1/2-inch 4-ply exterior sheathing plywood 455 430
326
North Central 7/16-inch Oriented Strand Board 358
345
192
*Weighted average of 11 key items
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(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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