U.S. lumber and panel market reports-20130218

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U.S. lumber and panel market reports

February 18, 2013

U.S.: Lumber and panel market report ---- Week 8 2013

Random Lengths Lumber Market Report

Framing lumber sales fell off the faster pace of the previous two weeks, but producers were unfazed as they fell back on order files that often extended into March. Northern markets were beset by winter weather, and rain continued to soak much of the South. Even so, prices marched higher. Despite the rain, Southern Pine led the way, posting double-digit increases in all widths of #2. Rain-soaked timberlands limited availability of large logs, driving particularly sharp gains in the wides.

Week
Feb 15

Week
Feb 8

Year Ago
2012

Random Lengths Framing Lumber Composite Price*
$408
$397
$284

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
390

380
267

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
478
477
360

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
373
362 235

Southern Pine (Westside) #2 2x4 R/L
461
453
297

KD Coast Hem-Fir Std&Btr 2x4 R/L
420

413

270

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
555

540

635

* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel prices surged upward. OSB sales were at a more measured pace in most markets, but prices posted big gains. Lack of availability was a driving force; several mills were off the market to avoid overextending their order files. Southern Pine rated sheathing prices posted double-digit gains. Producers raised quotes throughout the week, as distributors and dealers flowed back into the market frequently to replenish inventories. In western Fir, the pace of inquiries and sales were mundane compared to other structural panels. Sales, however, kept pace with production.

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(f.o.b. mill prices)	Week Feb 15	Week Feb 8	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$507	$493	$319
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	440-455	430-445	330-370
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	467-480	455-470	340-380
Western 1/2-inch 4-ply exterior sheathing plywood	465	457	345
North Central 7/16-inch Oriented Strand Board	425	410	193
*Weighted average of 11 key items

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