U.S. lumber and panel market reports-20130617

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U.S. lumber and panel market reports

Jun 17, 2013

U.S.: Lumber and panel market report ---- Week 25 2013

Random Lengths Lumber Market Report

Carryover from last week¡¯s stronger finish was spotty at best, and many key framing lumber prices posted losses. Weakness increased as the week progressed, with a more hopeful tone the previous week reverting back to bearish sentiment. Some of the deepest cuts were posted in green Douglas Fir, while many dry stud prices also finished with double-digit drops. The trend pushed the Random Lengths Framing Lumber Composite Price down to $331, below the second price threshold in the U.S.-Canada softwood agreement.

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This Week
Jun 14 Last Week
Jun 7 Year Ago
2012

Random Lengths Framing Lumber Composite Price* $331 $340 $334

KD Western S-P-F #2&Btr 2x4 R/L Mill Price 303 307 307

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 399 407 404

Green Douglas Fir Std&Btr 2x4 R/L (Portland) 268 295 240

Southern Pine (Westside) #2 2x4 R/L 337 345 346

KD Coast Hem-Fir #2&Btr 2x4 R/L 323 330 310

Ponderosa Pine (Inland) #2&Btr 1x12 R/L 600 600 570

* Weighted average of 15 key items

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Random Lengths Panel Market Report

The downward spiral in structural panel prices was unabated. Prices of OSB continued to tumble, as ample supplies weighed heavily on the market. Most producers had short order files and struggled to pull orders from their customers. Production stayed ahead of demand in Southern Pine plywood, and prices softened. Dealers felt no urgency to do more than cover immediate needs with mixed loads. Western Fir plywood sales slowed as the week progressed, and prices fell as mills probed for offers.

(f.o.b. mill prices)	This Week Jun 14	Last Week Jun 7	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$399	$414	$373
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	375-395	390-425	385-400
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	375-395	390-430	390-405
Western 1/2-inch 4-ply rated sheathing plywood	360	375	414
North Central 7/16-inch Oriented Strand Board	295	312	252
*Weighted average of 11 key items

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

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