U.S. lumber and panel market reports-20130722

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U.S. lumber and panel market reports

July 22, 2013

U.S.: Lumber and panel market report ---- Week 30 2013

Random Lengths Lumber Market Report

Steady to strong sales kept framing lumber prices on an upward track. A weak close in July futures and a bearish housing starts report failed to dissuade buyers, many of whom needed to replenish inventories after weeks of holding back through the second-quarter slump. Seasonal mill shutdowns in Eastern Canada, and anticipation of renewed export taxes on Canadian shipments to the U.S. during August, also drew buyers in to cover their needs..

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This Week
Jul 19 Last Week
Jul 12 Year Ago
2012

Random Lengths Framing Lumber Composite Price* $346 $335 $322

KD Western S-P-F #2&Btr 2x4 R/L Mill Price 320 311 295

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 401 388 398

Green Douglas Fir Std&Btr 2x4 R/L (Portland) 315 300 272

Southern Pine (Westside) #2 2x4 R/L 354 345 325

KD Coast Hem-Fir #2&Btr 2x4 R/L 335 325 310

Ponderosa Pine (Inland) #2&Btr 1x12 R/L 605 600 520

* Weighted average of 15 key items

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Random Lengths Panel Market Report

Sales of structural panels were more measured in most regions, but the widely varying price trends remained intact. Extreme heat and recent rain slowed consumption in many areas. Housing starts news also gave some traders pause. Many OSB buyers retreated from the market to digest purchases from the last two weeks. A Southern Pine plywood producer¡¯s move to push its order file at one mill into September caught traders¡¯ attention late in the week. Mills pushed rated sheathing prices higher and continued selling, even as order files reached into August. A limited flurry of activity late Thursday and into Friday applied additional upward pressure to western plywood prices, which generally advanced about $5-15 for the week.

(f.o.b. mill prices)	This Week Jul 19	Last Week Jul 12	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$390	$379	$375
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	380-390	365-380	387-405
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	385-410	375-390	395-415
Western 1/2-inch 4-ply rated sheathing plywood	395	378	425
North Central 7/16-inch Oriented Strand Board	265	250	255
*Weighted average of 11 key items

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

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