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U.S. lumber and panel market reports

October 10, 2011


U.S.: Lumber and panel market report ---- Week 40  2011

Framing lumber traders welcomed a late-week shot of sales that put many prices on firmer footing. Short covering and modest long positions got the ball rolling in Western Canada, and that action reverberated across the Coast and Inland regions of the U.S. The firming prices sparked more interest from dealers who needed to cover late-fall business. The trend was different in the South, where prices posted modest increases early only to level off by Thursday. Market fundamentals remained weak across the U.S.

Week
Oct 7

Week
Sep 30

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$263
$265
$248
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
239
240
233
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
320
325
315
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
240
245
178
Southern Pine (Westside) #2 2x4 R/L
273
268
262
KD Coast Hem-Fir Std&Btr 2x4 R/L
265
267
250
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
585
575
530
* Weighted average of 15 key items
 

Structural panel markets lacked energy. Retailers stuck to fill-in purchases of OSB, while secondaries avoided taking positions. Price trends were mixed. Action was best in the North. Most Southern Pine plywood producers let a quiet week of sales slide by without changing their quotes on rated sheathing. Several pushed sanded prices higher by $10 or more. The western Fir plywood market lost momentum. Modest field activity seldom worked its way back to mills, several of which ran up against order files. 


(f.o.b. mill prices)
Week
Oct 7
Week
Sep 30

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$302
$301
$279
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 335-358
335-360
270-280
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
340-370
340-370
278-295
Western 1/2-inch 4-ply exterior sheathing plywood 340
345
280
North Central 7/16-inch Oriented Strand Board 189
185
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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