U.S. lumber and panel market reports-20120718

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U.S. lumber and panel market reports

July 18, 2012

U.S.: Lumber and panel market report ---- Week 28 2012

Framing lumber buyers returned from holiday breaks with less reluctance about placing orders with their suppliers. Fill-in purchases kept lumber flowing at a steady pace through the distribution system. Discounts sometimes helped mills get the ball rolling, but these were less evident in late trading. By Thursday, the specified tallies and quick shipments sought by buyers were more difficult to find. Price trends were mixed -- the Random Lengths Framing Lumber Composite Price gained $3 -- but many traders were upbeat about near-term sales prospects.

Week
Jul 13

Week
Jul 6

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$319
$316
$269

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
294

288
253

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
391

385
339

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

250
260

Southern Pine (Westside) #2 2x4 R/L
321

323
258

KD Coast Hem-Fir Std&Btr 2x4 R/L
305

300

280

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
535

545

565

* Weighted average of 15 key items

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Losses outweighed gains in structural panel markets. Sales of OSB were dull. Prices held in most regions, but cracks were evident in a few as mills sought to shore up their order files. Prices rebounded in the Southern Pine plywood market following an early week dip that brought buyers in to replenish depleted inventories. Western Fir plywood sales failed to keep pace with production, and in a few cases mills had to accept lower prices to clear prompt-shipping loads.

(f.o.b. mill prices)
Week
Jul 13

Week
Jul 6

Year Ago
2011

Random Lengths Structural Panel Composite Price*
$372

$373

$275

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 384-400

385-396

285-310

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
388-405

390-402

286-312

Western 1/2-inch 4-ply exterior sheathing plywood 420
418
283

North Central 7/16-inch Oriented Strand Board 255

255

167

*Weighted average of 11 key items

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