U.S. lumber and panel market reports-20121113

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U.S. lumber and panel market reports

November 13, 2012

U.S.: Lumber and panel market report ---- Week 45 2012

Random Lengths Lumber Market Report

The week held plenty of distractions, including the presidential election in the U.S., another storm that pounded the Northeast, and a large industry gathering in Chicago. It all contributed to a mostly quieter week of sales at the mill level, but it did not stem the framing lumber market¡¯s upward drive. Carryover from last week¡¯s fast pace lifted prices of random dimension early, with the upward momentum slowing as the week progressed. In contrast, steady demand for studs amid tightened supply lifted many prices through the week.

Week
Nov 9

Week
Nov 2

Year Ago
2011

Random Lengths Framing Lumber Composite Price*
$347
$339
$254

KD Western S-P-F #2&Btr 2x4 R/L Mill Price
335

330
222

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
424
420
315

Green Douglas Fir Std&Btr 2x4 R/L (Portland)
283
275 219

Southern Pine (Westside) #2 2x4 R/L
399
387
278

KD Coast Hem-Fir Std&Btr 2x4 R/L
325

317

250

Ponderosa Pine (Inland) #2&Btr 1x12 R/L
500

503

585

* Weighted average of 15 key items

Random Lengths Panel Market Report

Structural panel markets showed modest strength. OSB prices continued to advance in double-digit increments, and suppliers fielded a steady flow of calls from customers checking on shipments. Southern Pine sheathing prices forged modest gains amid steady, but unspectacular sales. Mills nudged quotes upward throughout the week on the strength of order files that reached early December. Western Fir plywood producers leaned on order files in the weeks of November 26 and December 3 amid a slower week for new orders.

(f.o.b. mill prices)	Week Nov 9	Week Nov 2	Year Ago 2011
Random Lengths Structural Panel Composite Price*	$433	$422	$289
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	408-425	400-420	292-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	415-450	408-442	299-325
Western 1/2-inch 4-ply exterior sheathing plywood	395	385	323
North Central 7/16-inch Oriented Strand Board	340	325	182
*Weighted average of 11 key items

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