U.S. softwood and panel markets - week 9, 2010

  • martie 08, 2010
  • • Sursa: Used with permission granted by Random Lenghts Publications, Inc
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Framing lumber report

A shot of activity hitting the framing lumber market Wednesday firmed up mill quotes, but producers struggled to bounce prices back to the levels at which they started the week. Some traders anticipated that weakening prices early on would send buyers deeper into their shells. Instead, deeper cuts helped pull in wholesalers to cover shorts and some distributors and dealers needing to replenish after several weeks of thin purchasing. With mills unable to recoup all of their early losses, the Random Lengths Framing Lumber Composite Price fell $8, to $303.


Week
Mar 5

Week
Feb 26

Year Ago
2009
Random Lengths Framing Lumber Composite Price*
$303
$311
$197
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
270
275
140
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
340
349
240
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
222
235
160
Southern Pine (Westside) #2 2x4 R/L
345
345
249
KD Coast Hem-Fir Std&Btr 2x4 R/L
270
275
152
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
740
730
553
* Weighted average of 15 key items

Structural Panel report

A surge in sanded plywood sales in the aftermath of the earthquake in Chile set the pace in structural panel markets. Mill sales of OSB remained quiet, and prices in most regions were unchanged. A rush of sanded orders that hit Southern Pine plywood producers led to a spillover of activity in sheathing. Fuel was added to the activity when word circulated that a large producer would reduce its offerings over the next few weeks. The earthquake in Chile increased interest in western Fir sanded panels. Inquiries surged on Wednesday.

(f.o.b. mill prices)
Week
Mar 5
Week
Feb 26

Year Ago
2009
Random Lengths Structural Panel Composite Price*
$316
$311
$256
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 325-330
318-320
258-275
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
325-365
325-355
268-285
Western 1/2-inch 4-ply exterior sheathing plywood 310
310
240
North Central 7/16-inch Oriented Strand Board 225
225
165
*Weighted average of 11 key items