U.S. lumber and panel market reports-20121204

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U.S. lumber and panel market reports

December 04, 2012

U.S.: Lumber and panel market report ---- Week 47 2012

Random Lengths Lumber Market Report

The market¡¯s strong November finish was a source of wonder for some traders and consternation for others. The Random Lengths Framing Lumber Composite Price was close to $100 higher than a year ago, with mills solidly in control moving into December. While producers and secondaries working from long positions liked the market¡¯s strength, dealers and jobbers who were offside on jobs bid months earlier took the other side. Early week strength was largely driven by Western S-P-F.

Week
Nov 30

Week
Nov 21

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$360
$355
$266

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
352

336
239

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
443
430
330

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
285
283 230

Southern Pine (Westside) #2 2x4 R/L
419
415
291

KD Coast Hem-Fir Std&Btr 2x4 R/L
345

333

252

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
500

500

585

* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel markets were stable, but unspectacular. OSB sales and price trends varied widely by geography. Demand was strongest in Western Canada. Some traders said unseasonably mild weather fueled purchasing in this region. Quiet trading in Southern Pine sheathing left prices close to previous levels. A few western Fir plywood mills and wholesalers with month-end inventory concerns offered small price concessions on sheathing early in the week. However, those buying opportunities were short-lived.

(f.o.b. mill prices)	Week Nov 30	Week Nov 21	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$438	$438	$301
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	408-425	408-425	308-340
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	420-450	420-450	320-345
Western 1/2-inch 4-ply exterior sheathing plywood	397	395	345
North Central 7/16-inch Oriented Strand Board	345	345	192
*Weighted average of 11 key items

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