U.S. lumber and panel market reports-20121105

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U.S. lumber and panel market reports

November 05, 2012

U.S.: Lumber and panel market report ---- Week 44 2012

Random Lengths Lumber Market Report

Hurricane Sandy pounded the Northeast early in the week, sapping demand in the region and pushing many traders to the sidelines to await the fallout. But the market roared back to life on Wednesday, as distributors and dealers realized they were undersupplied for late-year requirements, which proved to be heavier than anticipated. Mill order files that pushed through the middle of the month added urgency to buyers seeking coverage. Many key prices posted double-digit gains, and the Random Lengths Framing Lumber Composite Price rose $11, to $339.

Week
Nov 2

Week
Oct 26

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$339
$328
$252

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
330

313
226

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
420
403
315

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
275
272 219

Southern Pine (Westside) #2 2x4 R/L
387
372
269

KD Coast Hem-Fir Std&Btr 2x4 R/L
317

310

248

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
503

503

585

* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel markets kicked into high gear. The OSB market caught a second wind late in the week, surprising many traders with another price surge. Concerns about tightening availability at the mill level drove most of the week¡¯s action. An already active market for Southern Pine plywood gained momentum, and sheathing prices posted solid gains. Producers pushed order files into the last two weeks of November with little difficulty. Western Fir plywood sales caught fire Wednesday and cruised in a higher gear through Friday morning.

(f.o.b. mill prices)	Week Nov 2	Week Oct 26	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$422	$411	$287
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	400-420	398-415	290-320
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	408-442	400-433	295-320
Western 1/2-inch 4-ply exterior sheathing plywood	385	370	311
North Central 7/16-inch Oriented Strand Board	325	313	185
*Weighted average of 11 key items

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