Buyers circulating back into the framing lumber market were
evident as early as Tuesday, generating a solid week of sales. Fair
weather across the continent allowed builders to step up construction,
even in areas often shut down by wintry conditions this time of year.
Strong upward moves in futures through Wednesday buoyed confidence in
the cash market, while offshore sales were steady to stronger for
western producers. The Random Lengths Framing Lumber Composite gained
for a seventh consecutive week.
|
Week
Feb 3
|
Week
Jan 27
|
Year Ago
2011
|
Random
Lengths Framing Lumber Composite Price* |
$286
|
$284 |
$297
|
KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
255
|
244
|
300
|
KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
354
|
342 |
383
|
Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
230
|
227
|
262
|
Southern Pine (Westside) #2 2x4 R/L |
315
|
317 |
334
|
KD Coast Hem-Fir Std&Btr 2x4 R/L |
263
|
260
|
295
|
Ponderosa Pine (Inland) #2&Btr
1x12 R/L |
610
|
595
|
575
|
* Weighted
average of 15 key items |
Structural panel prices slipped as demand faded. OSB sales were
slow, and the tone of the market turned more bearish. This was most
evident at the secondary level, where many traders reported difficulty
moving contract loads. Southern Pine plywood traders again dealt with
a week of sloppy pricing in rated sheathing that covered extremely
wide ranges. Western Fir traders struggled to find price levels on
sheathing that would generate significant sales. Many buyers sought to
return to levels prior to the Chilean mill fire.
(f.o.b. mill prices) |
Week
Feb 3
|
Week
Jan 27
|
Year Ago
2011
|
Random
Lengths Structural Panel Composite Price* |
$315
|
$323
|
$289
|
Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood |
322-365
|
|
290-320
|
Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood |
328-380
|
340-400
|
305-330
|
Western 1/2-inch 4-ply exterior sheathing plywood |
335
|
355 |
307
|
North Central 7/16-inch Oriented Strand Board |
193
|
202
|
182
|
*Weighted average of 11
key items |
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กก |