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U.S. lumber and panel market weekly reports

January 03, 2011


U.S.: Lumber and panel market report ---- ---- Week 52, 2010

Despite tough winter weather in key consuming regions, and the absence of many traders due to the holidays, framing lumber trading closed out 2010 on a stronger-than-expected pace. Prices were mostly firm to higher in all species. A few exceptions were noted, as mills let a few prices trail the upward trend to move volumes before year-end. Gains far outnumbered losses, as the Random Lengths Framing Lumber Composite Price rose $5, to $293. Scaled-back production left many items difficult to source.
 
 
Week
Dec 30

 
Week
Dec 23

 
Year Ago
2009
Random Lengths Framing Lumber Composite Price*
$293
$288
$249
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
308
 
300
210
 
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
385
 
381
305
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
265
 
262
 
187
 
Southern Pine (Westside) #2 2x4 R/L
290
 
281
255
KD Coast Hem-Fir Std&Btr 2x4 R/L
295
 
290
230
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
575
 
575
580
* Weighted average of 15 key items

 

Panel market
Trends in structural panels were mixed. OSB sales showed more spark than most traders had anticipated. Some speculated that memories of last year's first-quarter run-up remained fresh, prompting buyers to seek additional coverage. Southern Pine plywood mills nudged rated sheathing prices upward amid steady sales. Storms in the Northeast cast a pall over a western Fir plywood market that was already sluggish. Many traders were out of their offices for part, if not all of the week.
 
prices)
Week
Dec 30
 
Week
Dec 23

 
Year Ago
2009
Random Lengths Structural Panel Composite Price*
$289
$286
$274
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 270-278
 
268-275
285-287
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
287-305
 
282-295
285-310
Western 1/2-inch 4-ply exterior sheathing plywood 334
 
328
265
North Central 7/16-inch Oriented Strand Board 200
 
195
187
*Weighted average of 11 key items

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

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