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U.S. lumber and panel market reports

January 16, 2012


U.S.: Lumber and panel market report ---- Week 2  2011

The pace that got the new year off to a fast start the previous week eased. But most framing lumber prices remained firm, and gainers far outnumbered any losers for the week. Southern Pine led the way, as buyers continued to replenish after holding back through year-end to limit inventory taxes. Treaters were also a factor in pushing many #2 prices up by double digits. Mild weather continued to drive consumption. But snow moved into the Midwest and the Northeast late in the week, a factor quelling the tone in S-P-F and western species Thursday.

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Week
Jan 13

Week
Jan 6

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$279
$273
$305
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
259
261
309
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
347
347
395
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
222
215
275
Southern Pine (Westside) #2 2x4 R/L
296
288
317
KD Coast Hem-Fir Std&Btr 2x4 R/L
260
255
307
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
580
580
575
* Weighted average of 15 key items


Structural panel prices gained amid mixed trends in trading. OSB prices continued to push upward, in some cases strongly. A few items hit their highest levels in about a year. Activity in Southern Pine plywood shifted to the secondary level of the market, following last week's surge in sales at the mill level. Prices were sharply higher in all grades, except siding. Western Fir sales slowed considerably from last week, yet maintained a strong pace given the time of year.
  

(f.o.b. mill prices)
Week
Jan 13
Week
Jan 6

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$329
$320
$309
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 355-375
350-370
292-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
365-400
355-385
320-340
Western 1/2-inch 4-ply exterior sheathing plywood 363
355
340
North Central 7/16-inch Oriented Strand Board 202
195
218
*Weighted average of 11 key items

  

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

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