U.S. lumber and panel market reports-20130311

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U.S. lumber and panel market reports

March 11, 2013

U.S.: Lumber and panel market report ---- Week 11 2013

Random Lengths Lumber Market Report

After a sluggish start, the framing lumber market kicked into gear. While most traders felt the surge on Thursday, some saw a pickup Wednesday. Thursday¡¯s strong upward move in futures was a catalyst in driving buyers off the sidelines. Others, noting that mill order files were stretching into late March and even early April, jumped in to cover spring requirements. The Random Lengths Framing Lumber Composite Price gained $7, to $423. Upward pressure on prices was especially sharp in studs.

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This Week
Mar 8

Last Week
Mar 1

Year Ago
2012

Random Lengths Framing Lumber Composite Price*

$423

$416

$297

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

400

390

282

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

490

482

371

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

380

370

252

Southern Pine (Westside) #2 2x4 R/L

466

470

305

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

427

425

290

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

605

590

655

* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel sales were moderate at best. With a few notable exceptions, most OSB prices finished the week where they started it. Snowstorms were a drag on job site activity and squelched sales across much of the East. Late-week activity resulted in firm to higher prices in the Southern Pine plywood market. Secondaries with depleted inventories stepped in to replenish Thursday and Friday morning. Western Fir plywood traders could only watch from the sidelines for most of the week, as many wood products markets surged while their market languished.

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(f.o.b. mill prices)	This Week Mar 8	Last Week Mar 1	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$509	$511	$349
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	447-478	445-475	370-400
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	470-495	470-490	382-415
Western 1/2-inch 4-ply rated sheathing plywood	435	445	381
North Central 7/16-inch Oriented Strand Board	430	430	215
*Weighted average of 11 key items

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

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