U.S. lumber and panel market reports-20120710

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U.S. lumber and panel market reports

July 10, 2012

U.S.: Lumber and panel market report ---- Week 27 2012

Framing lumber price trends and sales volumes were mixed as many offices were short-staffed due to holidays. Sales nevertheless kept up with reduced output at many western and Canadian mills. Prices in the South were weak, but cuts were usually smaller than in previous weeks. Accumulations of Southern Pine 2x6 were largely cleaned up. Sales in the U.S. were best on Monday and Tuesday; action was intermittent following the July 4 break. Phone activity ranged from slow to steady.

Week
Jul 6

Week
Jun 29

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$316
$318
$266

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
288

283
251

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
385

385
335

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
250

245
260

Southern Pine (Westside) #2 2x4 R/L
323

328
255

KD Coast Hem-Fir Std&Btr 2x4 R/L
300

300

280

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
545

550

575

* Weighted average of 15 key items

Structural panel markets fluctuated mildly in the holiday-shortened week. The midweek holiday put a wrinkle into the usual trading routine in OSB. Sales overall were slow, and most prices finished unchanged. Most Southern Pine plywood producers let the week drift by without altering their quotes. Quiet phones, particularly in the second half of the week, left western Fir plywood mills unable to significantly extend order files for sheathing and underlayment.

(f.o.b. mill prices)
Week
Jul 6

Week
Jun 29

Year Ago
2011

Random Lengths Structural Panel Composite Price*
$373

$373

$278

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 385-396

385-398

285-310

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
390-402

390-402

288-310

Western 1/2-inch 4-ply exterior sheathing plywood 418
418
283

North Central 7/16-inch Oriented Strand Board 255

255

173

*Weighted average of 11 key items

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