U.S. lumber and panel market reports-20120220

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U.S. lumber and panel market reports

February 20, 2012

U.S.: Lumber and panel market report ---- Week 7 2012

A quieter week of trading left many framing lumber prices close to where they started it. In some cases, prices flattened after early gains carried over from the previous week. Most producers held to a firm footing, with only occasional reports of developing cars offered quietly at discounts. Southern Pine charted its own course. Prices of SYP #1 and #2 dimension remained under downward pressure, while seasonal purchasing boosted prices of radius-edge decking. The net result for the Random Lengths Framing Lumber Composite Price was a $2 drop for the week.

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Week
Feb 17

Week
Feb 10

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$284
$286
$296

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
267

265
288

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
360

360
379

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
235

235
275

Southern Pine (Westside) #2 2x4 R/L
297

306
312

KD Coast Hem-Fir Std&Btr 2x4 R/L
270

267

300

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
635

625

585

* Weighted average of 15 key items

Structural panel prices were firm to stronger amid a mediocre sales pace. While OSB sales were less than robust, prices in most regions edged upward. Most mills finished the week with order files into the week of March 5. Most Southern Pine plywood producers approached the market with firm pricing, as order files at many plants reached the first week of March. Western Fir plywood producers held their ground despite an uneventful week of sales. Some shipments remained available for February.

(f.o.b. mill prices)	Week Feb 17	Week Feb 10	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$319	$316	$299
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	330-370	325-365	310-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	340-380	335-370	310-335
Western 1/2-inch 4-ply exterior sheathing plywood	345	345	320
North Central 7/16-inch Oriented Strand Board	193	188	205
*Weighted average of 11 key items

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