U.S. lumber and panel market reports-20120411

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U.S. lumber and panel market reports

April 17, 2012

U.S.: Lumber and panel market report ---- Week 15 2012

The framing lumber market continued to send mixed signals to buyers at the secondary and retail levels. Action in Southern Pine was heavy, but buying in most other species came in spurts. The end results were prices moving sideways or up and down in variable increments, with many traders still undecided about the market's next major move. While Southern Pine led all gainers, weakness was most pronounced in green Douglas Fir. Gains in SYP were largely the drivers in pushing the Framing Lumber Composite up $1.

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Week
Apr 13

Week
Apr 6

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$297
$296
$274

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
277

276
262

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
372

370
348

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

245
260

Southern Pine (Westside) #2 2x4 R/L
309

308
266

KD Coast Hem-Fir Std&Btr 2x4 R/L
293

290

290

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

640

660

* Weighted average of 15 key items

Structural panel sales were measured. Mixed results continued to define OSB markets. Lengthy order files and steady business pushed prices modestly higher in some regions, while others languished at around last week's levels. Secondaries stepped into the Southern Pine sheathing market Wednesday and Thursday to replenish stocks and cover shorts. In addition, some shipments to Mobile were booked by producers and wholesalers to cover export orders. A few western Fir mills entertained modest counters early to spur business in an uneventful market.

(f.o.b. mill prices)	Week Apr 13	Week Apr 6	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$342	$340	$292
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	370-394	372-392	325-335
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	375-405	375-400	330-340
Western 1/2-inch 4-ply exterior sheathing plywood	365	365	320
North Central 7/16-inch Oriented Strand Board	213	207	167
*Weighted average of 11 key items

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