U.S. lumber and panel market reports-20120313

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U.S. lumber and panel market reports

March 20, 2012

U.S.: Lumber and panel market report ---- Week 11 2012

The trading pace in framing lumber eased, but many prices coasted higher on recent momentum and spotty follow-through from the previous week's action. While producers generally weren't able to extend order files, neither were they in a position to force loads into the market. Many mill order files extended through the month. Although loads were still available for shipment next week at some mills. Gains for the week pushed the Random Lengths Framing Lumber Composite Price up $5, to $302.

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Week
Mar 16

Week
Mar 9

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$302
$297
$293

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
282

282
294

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
377

371
380

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
260

252
275

Southern Pine (Westside) #2 2x4 R/L
310

305
283

KD Coast Hem-Fir Std&Btr 2x4 R/L
297

290

312

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
655

655

630

* Weighted average of 15 key items

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Structural panel sales slowed. OSB prices in parts of the South and the West registered modest gains in early trading, but overall activity quieted. The week's slower sales pace was mostly taken in stride, although some traders grew apprehensive. A quiet week in the Southern Pine plywood market left prices firm but close to previous levels. Although western Fir plywood sales quieted as the week progressed, traders maintained a bullish attitude for the near term.

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(f.o.b. mill prices)
Week
Mar 16

Week
Mar 9

Year Ago
2011

Random Lengths Structural Panel Composite Price*
$351

$349

$298

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 375-400

370-400

315-335

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
385-420

382-415

320-340

Western 1/2-inch 4-ply exterior sheathing plywood 389
381
320

North Central 7/16-inch Oriented Strand Board 215

215

190

*Weighted average of 11 key items

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