Framing lumber in U.S. and
Canadian markets remained stuck in a rut. More inquiries circulated,
but order placement overall was sparse. Phones were mildly more active
Wednesday for some traders, and some sensed a boost in interest on
Thursday as the futures board rallied. Improving weather in some
markets was cited as a key factor. Even so, the action did little to
stem softness in prices, and the Random Lengths Framing Lumber
Composite Price posted its 10th straight weekly decline.
|
Week
May 20
|
Week
May 13
|
Year Ago
2010
|
Random
Lengths Framing Lumber Composite Price* |
$257
|
$259 |
$325
|
KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
218
|
228
|
258
|
KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
324
|
325 |
355
|
Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
237
|
248
|
230
|
Southern Pine (Westside) #2 2x4 R/L |
270
|
269 |
399
|
KD Coast Hem-Fir Std&Btr 2x4 R/L |
260
|
265
|
285
|
Ponderosa Pine (Inland) #2&Btr
1x12 R/L |
635
|
645
|
705
|
* Weighted
average of 15 key items |
Structural panel traders trudged through difficult trading conditions. Another
quiet week left most OSB prices flat or with minor adjustments on either side
of previously published levels. Sparse sales pushed Southern Pine plywood
producers' backs against the wall. Most mills, however, saw little room to
retreat on prices, and they maintained quotes at or above last week's levels.
Curtailment news generated a flurry of conversation in the western Fir plywood
market, but it failed to spur sales.
(f.o.b. mill prices) |
Week
May 20
|
Week
May 13
|
Year Ago
2010
|
Random
Lengths Structural Panel Composite Price* |
$276
|
$280
|
$417
|
Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood |
290-307
|
|
405-415
|
Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood |
290-310
|
295-315
|
410-410
|
Western 1/2-inch 4-ply exterior sheathing
plywood |
295
|
305 |
440
|
North Central 7/16-inch Oriented Strand Board |
165
|
167
|
305
|
*Weighted average of
11 key items |
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กก |