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U.S. lumber and panel market reports

February 11, 2013


U.S.: Lumber and panel market report ---- Week 7  2013

Random Lengths Lumber Market Report

Framing lumber sales were strong out of the gate and accelerated through the week. Mills rebuilt order files, hiked quotes, and continued selling. The cash market, in part, drew confidence and strength from futures, which logged four limit-up days dating back to the previous Thursday. Gains in the cash market pushed the Random Lengths Framing Lumber Composite Price up $10 to $397. That sent the four-week average to determine the March rate for the Softwood Lumber Agreement tax to a record $395.


 
Week
Feb 8
Week
Feb 1
Year Ago
2012
Random Lengths Framing Lumber Composite Price*
$397
$387
$286
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
380
362
265
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
477
464
360
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
362
343 235
Southern Pine (Westside) #2 2x4 R/L
453
452
306
KD Coast Hem-Fir Std&Btr 2x4 R/L
413
400
267
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
540
525
625
* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel markets kicked into gear. Strength in lumber and plywood prices and a perception that downside had been wrung out of the market pulled OSB buyers off the sidelines. Demand for Southern Pine plywood picked up Wednesday and pushed most producers¡¯ order files into March. Some quoted shipping times in the week of March 11. The early sales pace slowed sharply from last week in western Fir plywood. But trading was sparked at midweek by activity in other structural panel markets and a perception of limited downside potential in prices.

(f.o.b. mill prices)
Week
Feb 8
Week
Feb 1
Year Ago
2012
Random Lengths Structural Panel Composite Price*
$493
$478
$316
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 430-445
420-435
325-365
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
455-470
435-450
335-370
Western 1/2-inch 4-ply exterior sheathing plywood 457 450
345
North Central 7/16-inch Oriented Strand Board 410 398 188
*Weighted average of 11 key items

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

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