U.S. lumber and panel market reports-20130422

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U.S. lumber and panel market reports

April 22, 2013

U.S.: Lumber and panel market report ---- Week 17 2013

Random Lengths Lumber Market Report

Weakness detected last week widened across the spectrum of framing lumber markets. Bad weather continued to get a lot of blame, including a snowstorm that blunted demand across the Rocky Mountain region and moved eastward. But many traders noted that there was more to the market¡¯s first decisive pullback of the year. Some cited a fundamental shift in the supply and demand balance over the past several weeks. The Random Lengths Framing Lumber Composite Price retreated $15, to $434.

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(f.o.b. mill prices)

This Week
Apr 19

Last Week
Apr 12

Year Ago
2012

Random Lengths Framing Lumber Composite Price*

$434

$449

$302

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

374

392

280

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

477

490

375

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

360

383

235

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

470

480

318

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

420

440

297

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

630

630

630

* Weighted average of 15 key items

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Random Lengths Panel Market Report

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Structural panel sales faded, and prices declined. OSB prices fell hard as mills worked to shore up order files with block sales. Those efforts ran up against secondaries trying to sell contract loads well below current replacement costs. Weakness in other structural panel prices and the lumber market weighed on sales of Southern Pine plywood. While a bearish tone crept into the market, traders noted that production was still constrained. Western Fir plywood mills had a lackluster week of sales, but most fell back on order files to keep prices firm.

(f.o.b. mill prices)	This Week Apr 19	Last Week Apr 12	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$509	$519	$345
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	505-532	505-530	375-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	510-545	510-540	380-410
Western 1/2-inch 4-ply rated sheathing plywood	480	480	367
North Central 7/16-inch Oriented Strand Board	405	420	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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