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U.S. lumber and panel market reports

Jun 03, 2013

U.S.: Lumber and panel market report ---- Week 23  2013

Random Lengths Lumber Market Report

The downward trajectory of framing lumber prices persisted, but the tone of the market changed with a jump in futures on Thursday. The move in futures drew in wholesaler short covering and prompted some buyers to place replenishment orders. The overall reaction was widely described as cautious, and traders said they would be watching closely for follow-through. The Random Lengths Framing Lumber Composite Price slid $13 for the week, its eighth consecutive weekly drop.


  This Week
May 31
Last Week
May 24
Year Ago
Random Lengths Framing Lumber Composite Price* $348 $361 $343
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 298 320 309
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 409 426 406
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 305 322 247
Southern Pine (Westside) #2 2x4 R/L 360 378 360
KD Coast Hem-Fir #2&Btr 2x4 R/L 335 350 325
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 600 605 590
* Weighted average of 15 key items






Random Lengths Panel Market Report

Structural panel prices continued to retreat. OSB prices were in disarray as producers came to the market with varying sales strategies. Those with loads available for quick shipment sometimes sold block volumes at steep discounts. Southern Pine plywood prices continued to weaken in spotty trading. Inventories at the retail level were often down to the gravel, but buyers felt no inclination to alter their just-in-time purchasing strategies. Western Fir plywood prices fell as mills lowered quotes to keep inventories from piling up.


(f.o.b. mill prices) This Week
May 31
Last Week
May 24
Year Ago
Random Lengths Structural Panel Composite Price* $436 $452 $367
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 410-450 430-470 385-400
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 420-455 435-475 390-410
Western 1/2-inch 4-ply rated sheathing plywood 385 400 392
North Central 7/16-inch Oriented Strand Board 340 355 248
*Weighted average of 11 key items



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

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