U.S. lumber and panel market reports-20120207

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U.S. lumber and panel market reports

February 13, 2012

U.S.: Lumber and panel market report ---- Week 6 2012

Trends were mixed, but gainers far outweighed losers as mild weather kept framing lumber and 1-inch boards moving briskly through the distribution system. Southern Pine was the notable laggard, with many key items vulnerable to counters; several prices of #1 and #2 dimension fell $10 or more. This offset gains in Canadian S-P-F and western species, as the Random Lengths Framing Lumber Composite Price held at last week's level of $286. Random-length dimension prices gained unevenly, as did studs.

Week
Feb 10

Week
Feb 3

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$286
$286
$293

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
265

255
288

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
360

354
374

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
235

230
265

Southern Pine (Westside) #2 2x4 R/L
306

315
322

KD Coast Hem-Fir Std&Btr 2x4 R/L
267

263

295

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
625

610

575

* Weighted average of 15 key items

Structural panel sales picked up as the week progressed. A late-week flurry of sales gave OSB mills more breathing room as they bolstered thin order files. Producers opened to modest counters Wednesday to get the ball rolling. Southern Pine plywood buyers stepped into the market in the middle of the week and booked enough volume for more producers to stabilize or raise their rated sheathing prices. A few western Fir plywood buyers paid mills' asking levels and set off a round of purchasing.

(f.o.b. mill prices)	Week Feb 10	Week Feb 3	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$316	$315	$295
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	325-365	322-365	305-315
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	335-370	328-380	310-330
Western 1/2-inch 4-ply exterior sheathing plywood	345	335	315
North Central 7/16-inch Oriented Strand Board	188	193	195
*Weighted average of 11 key items

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