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U.S. lumber and panel market reports

July 22, 2013

U.S.: Lumber and panel market report ---- Week 30  2013

Random Lengths Lumber Market Report

Steady to strong sales kept framing lumber prices on an upward track. A weak close in July futures and a bearish housing starts report failed to dissuade buyers, many of whom needed to replenish inventories after weeks of holding back through the second-quarter slump. Seasonal mill shutdowns in Eastern Canada, and anticipation of renewed export taxes on Canadian shipments to the U.S. during August, also drew buyers in to cover their needs..

  This Week
Jul 19
Last Week
Jul 12
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $335 $322
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 320 311 295
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 401 388 398
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 315 300 272
Southern Pine (Westside) #2 2x4 R/L 354 345 325
KD Coast Hem-Fir #2&Btr 2x4 R/L 335 325 310
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 605 600 520
* Weighted average of 15 key items



Random Lengths Panel Market Report

Sales of structural panels were more measured in most regions, but the widely varying price trends remained intact. Extreme heat and recent rain slowed consumption in many areas. Housing starts news also gave some traders pause. Many OSB buyers retreated from the market to digest purchases from the last two weeks. A Southern Pine plywood producer¨s move to push its order file at one mill into September caught traders¨ attention late in the week. Mills pushed rated sheathing prices higher and continued selling, even as order files reached into August. A limited flurry of activity late Thursday and into Friday applied additional upward pressure to western plywood prices, which generally advanced about $5-15 for the week. 

(f.o.b. mill prices) This Week
Jul 19
Last Week
Jul 12
Year Ago
Random Lengths Structural Panel Composite Price* $390 $379 $375
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 380-390 365-380 387-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 385-410 375-390 395-415
Western 1/2-inch 4-ply rated sheathing plywood 395 378 425
North Central 7/16-inch Oriented Strand Board 265 250 255
*Weighted average of 11 key items



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

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