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U.S. lumber and panel market reports

January 23, 2012


U.S.: Lumber and panel market report ---- Week 3  2012

Sales of framing lumber moderated and price trends were mixed. Southern Pine continued to lead the way for gainers, while lackluster trading and shrinking order files had the most noticeable effect on Western S-P-F. Movement in other species was mixed, but modest and scattered. Winter weather settling in across the continent was a factor giving buyers pause, and a sense that more loads were developing for prompt shipment left some buyers anticipating better buying opportunities further out.

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Week
Jan 20

Week
Jan 13

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$283
$279
$305
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
250
259
299
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
342
347
385
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
225
222
268
Southern Pine (Westside) #2 2x4 R/L
311
296
329
KD Coast Hem-Fir Std&Btr 2x4 R/L
260
260
305
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
585
580
575
* Weighted average of 15 key items


Activity slowed in structural panel markets. While OSB sales moderated, prices in some markets continued to advance. Order files at most mills reached early February, and dealers needing quicker shipments often turned to secondaries. Demand reaching both the producer and secondary levels of the Southern Pine plywood market quieted. In western Fir plywood markets, inquiries quieted at the mill level. Customers were wary of recent price increases and extended shipping times, as wintry weather took hold.

(f.o.b. mill prices)
Week
Jan 20
Week
Jan 13

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$332
$329
$306
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 355-375
355-375
303-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
365-403
365-400
320-340
Western 1/2-inch 4-ply exterior sheathing plywood 363
363
325
North Central 7/16-inch Oriented Strand Board 205
202
215
*Weighted average of 11 key items

  

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

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