U.S. lumber and panel market reports-20130115

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U.S. lumber and panel market reports

January 15, 2013

U.S.: Lumber and panel market report ---- Week 2 2013

Random Lengths Lumber Market Report

Prices of most framing lumber items were firm to higher, but activity varied by region. Caution was most evident in Western S-P-F, while sales remained robust in the Southern Pine central and eastside zones. Prices of western species maintained an upward tilt, although some mills worked the phones harder to keep output moving. The market¡¯s continued run pushed the Random Lengths Framing Lumber Composite Price to its highest level since September 2005, and ensured that Canadian producers will ship tax-free into the U.S. through February.

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Week
Jan 11

Week
Jan 4

Year Ago
2012

Random Lengths Framing Lumber Composite Price*
$396
$389
$279

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
388

388
259

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
484
477
347

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
345
340 222

Southern Pine (Westside) #2 2x4 R/L
455
443
296

KD Coast Hem-Fir Std&Btr 2x4 R/L
405

400

260

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

500

580

* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel sales cooled. OSB sales were subdued in comparison with previous weeks, but prices continued to climb. Most mills operated from a position of strength, with order files reaching February. Steady sales kept upward pressure on Southern Pine plywood prices, although momentum eased early in the week before suppliers pushed for increases. The sales pace slowed in western Fir plywood markets, and many dealers awaited a buying opportunity in the form of a price pullback.

(f.o.b. mill prices)
Week
Jan 11

Week
Jan 4

Year Ago
2012

Random Lengths Structural Panel Composite Price*
$486

$477

$329

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 420-440

420-440

355-375

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
445-455

440-455

365-400

Western 1/2-inch 4-ply exterior sheathing plywood 472 470
363

North Central 7/16-inch Oriented Strand Board 405 390 202

*Weighted average of 11 key items

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