U.S. lumber and panel market reports-20120904

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U.S. lumber and panel market reports

September 04, 2012

U.S.: Lumber and panel market report ---- Week 35 2012

Framing lumber sales slowed heading into the long weekend. While cracks developed in some prices, many producers rode order files that reached the week of September 10 or beyond. Hurricane Isaac was the talk of the Southern Pine market, disrupting production, shipping, and consumption in the Gulf States. In the West, dealers were skittish about purchasing anything beyond what they needed to fill inventory holes. They often countered deeply in hopes of getting downside protection, but these were usually rejected.

Week
Aug 31

Week
Aug 24

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$342
$342
$258

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
312

312
245

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
417

423
335

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
317

322
240

Southern Pine (Westside) #2 2x4 R/L
366

355
249

KD Coast Hem-Fir Std&Btr 2x4 R/L
327

330

260

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
460

460

530

* Weighted average of 15 key items

Structural panel trading slowed. OSB buyers' concerns about upside price potential subsided, and many went into the holiday weekend in a wait-and-see mode. The hurricane preoccupied traders in the South early in the week. Hurricane Isaac disrupted production at some southern plants and delayed shipments in much of the region, but the sales pace was slow. Caution prevailed among western Fir buyers despite widespread thin field inventories. Mills sold modestly on Monday, mostly to customers in the West.

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(f.o.b. mill prices)	Week Aug 31	Week Aug 24	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$456	$453	$289
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	437-477	437-475	295-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	455-487	450-487	300-330
Western 1/2-inch 4-ply exterior sheathing plywood	470	470	322
North Central 7/16-inch Oriented Strand Board	360	353	192
*Weighted average of 11 key items

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

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