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U.S. lumber and panel market reports

November 21, 2011


U.S.: Lumber and panel market report ---- Week 46  2011

Prices of framing lumber turned upward across the array of North American species. The need to replenish after weeks on the sidelines was the key factor for many secondaries, especially with the long Thanksgiving weekend in the U.S. in the offing. Southern Pine, which had set the faster pace amid the previous week's mixed trend, continued to strengthen. Softness in various other species dissipated with a wide-ranging sales surge on Wednesday.



Week
Nov 18

Week
Nov 11

Year Ago
2010
Random Lengths Framing Lumber Composite Price*
$260
$254
$278
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
234
222
276
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
321
315
360
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
222
219
230
Southern Pine (Westside) #2 2x4 R/L
285
278
274
KD Coast Hem-Fir Std&Btr 2x4 R/L
252
250
285
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
585
585
565
* Weighted average of 15 key items
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Structural panel trading took on a more upbeat tone. OSB sales and prices perked up in most regions. The prospect that curtailments would tighten mill offerings in December motivated many dealers to purchase extra loads. Southern Pine plywood prices maintained upward momentum through the week, as buyers were willing to look at covering needs through the end of the year. In western Fir plywood, thin inventories combined with favorable weather in the Northeast to drive buyers into the market. 

(f.o.b. mill prices)
Week
Nov 18
Week
Nov 11

Year Ago
2010
Random Lengths Structural Panel Composite Price*
$294
$289
$281
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 300-330
292-325
268-275
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
307-340
299-325
275-297
Western 1/2-inch 4-ply exterior sheathing plywood 340
323
295
North Central 7/16-inch Oriented Strand Board 185
182
200
*Weighted average of 11 key items
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(Source: Used with permission granted by Random Lenghts Publications, Inc.)

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