| The framing lumber market showed
no sign of pulling out of the doldrums. Prices continued to erode, and
producers battled for available orders amid plentiful supplies at both
the mill and secondary levels. Many traders took their cues from the
futures market. The week's most active trading day was Wednesday, when
the May futures contract snapped a string of losses. Sales were back
to quiet on Thursday, although the board finished the day with a
modest gain.
|
Week
Apr 15
|
Week
Apr 8
|
Year Ago
2010
|
| Random
Lengths Framing Lumber Composite Price* |
$274
|
$281 |
$353
|
| KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
262
|
275
|
308
|
| KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
348
|
357 |
387
|
| Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
260
|
260
|
275
|
| Southern Pine (Westside) #2 2x4 R/L |
266
|
268 |
423
|
| KD Coast Hem-Fir Std&Btr 2x4 R/L |
295
|
300
|
325
|
| Ponderosa Pine (Inland) #2&Btr
1x12 R/L |
660
|
655
|
740
|
| * Weighted
average of 15 key items |
Structural panel markets eroded amid weak demand. Sales didn't come
any easier for OSB mills than they have over the past several weeks. A
few mills took a more aggressive approach to pricing toward bolstering
their order files. Pricing in Southern Pine rated sheathing got messy
after Tuesday, as some producers scrambled to fill next week's order
files. One western Fir plywood trader described the market as
"foul," and others used similar adjectives. Suppliers
reported few incoming calls and even fewer orders
| (f.o.b. mill prices) |
Week
Apr 15
|
Week
Apr 8
|
Year Ago
2010
|
| Random
Lengths Structural Panel Composite Price* |
$292
|
$302
|
$436
|
| Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood |
325-335
|
|
417-430
|
| Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood |
330-340
|
340-352
|
425-450
|
| Western 1/2-inch 4-ply exterior sheathing plywood |
320
|
340 |
430
|
| North Central 7/16-inch Oriented Strand Board |
167
|
178
|
335
|
| *Weighted average of 11
key items |
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กก |
