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U.S. lumber and panel market weekly reports

January 10, 2011


U.S.: Lumber and panel market report ---- ---- Week 1, 2011

Trading was active as the new year got under way. Framing lumber prices stayed on the upward track that began in October and continued through the close of 2010. Many buyers were concerned about getting left behind should prices continue to advance. Yet caution was noted by both buyers and sellers, as they assessed the market's staying power in early 2011. In several key species, trading started the week faster than it finished it.

 
 
Week
Jan 7

 
Week
Dec 30

 
Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$301
$293
$251
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
321
 
308
218
 
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
395
 
385
300
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
272
 
265
 
198
 
Southern Pine (Westside) #2 2x4 R/L
303
 
290
261
KD Coast Hem-Fir Std&Btr 2x4 R/L
300
 
295
225
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
575
 
575
595
* Weighted average of 15 key items

 

Panel market
Structural panel markets kicked into a higher gear. OSB traders returned to their offices with inventories in need of attention. Supplies at many retail yards were down to the pavement. Sales of Southern Pine plywood heated up Tuesday and maintained a strong pace through the week. Rated sheathing prices climbed rapidly, with many mills aggressively raising prices once order files reached the week of January 24. Western Fir plywood sales were stagnant as the week opened, but built up through Friday.

 
(f.o.b. mill prices)
Week
Jan 7
 
Week
Dec 30

 
Year Ago
2010
Random Lengths Structural Panel Composite Price*
$304
$289
$272
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 285-305
 
270-278
285-287
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
312-325
 
287-305
285-310
Western 1/2-inch 4-ply exterior sheathing plywood 338
 
334
255
North Central 7/16-inch Oriented Strand Board 215
 
200
182
*Weighted average of 11 key items

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

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