U.S. lumber and panel market reports-20131014

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U.S. lumber and panel market reports

October 14, 2013

U.S.: Lumber and panel market report ---- Week 42 2013

Random Lengths Lumber Market Report

Trading was uneven across the spectrum of framing lumber species. A firming in futures helped spur a flurry of sales on Wednesday, but most traders were looking for a clear direction. While Western S-P-F prices finished on firmer ground, weakness intensified in Southern Pine as the week progressed. Trading in western species was hit-and-miss. As a result, the Random Lengths Framing Lumber Composite Price edged down, ending a run of gains that ensured a zero import tax in November for Canadian exporters shipping to the U.S.

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This Week
Oct 11 Last Week
Oct 4 Year Ago
2012

Random Lengths Framing Lumber Composite Price* $383 $384 $316

KD Western S-P-F #2&Btr 2x4 R/L Mill Price 355 357 289

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 455 455 380

Green Douglas Fir Std&Btr 2x4 R/L (Portland) 320 325 262

Southern Pine (Westside) #2 2x4 R/L 419 418 366

KD Coast Hem-Fir #2&Btr 2x4 R/L 365 365 297

Ponderosa Pine (Inland) #2&Btr 1x12 R/L 745 735 500

* Weighted average of 15 key items

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Random Lengths Panel Market Report

Structural panel sales were sluggish. Although OSB mill sales slowed from the rate of previous weeks, most producers extended shipment times into November. Buyers address immediate needs with little hesitation, but declined to pad inventories. Traders widely agreed that the Southern Pine plywood market was thinly supplied, but buyers remained cautious. Most purchases were on a hand-to-mouth basis. Western Fir plywood sales slowed and placed downward pressure on prices.

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(f.o.b. mill prices)	This Week Oct 11	Last Week Oct 4	Year Ago 2012
Random Lengths Structural Panel Composite Price*	$387	$386	$396
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood	390-415	390-415	395-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood	395-420	395-420	392-425
Western 1/2-inch 4-ply rated sheathing plywood	416	418	375
North Central 7/16-inch Oriented Strand Board	264	260	290
*Weighted average of 11 key items

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

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