U.S. softwood and panel markets - week 1, 2010
janvier 11, 2010
random lengths
A midweek spurt in sales got the new year off to a solid start.
Demand
got a boost from light inventories at all levels of the market, and
from curtailment news affecting two producers in Western Canada. The
market's faster pace bucked the expectations of many traders, who had
anticipated that producers restarting mills after the holidays would
push prices lower. While some framing prices slipped in early trading
and never fully recovered, other prices bounced or gained modestly.
Week
Week
Year Ago
Random Lengths Framing
Lumber Composite Price *
$251
$ 248
$207
KD Western S-P-F #2&Btr 2x4 R/L
Mill Price
218
208
168
KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes
300
302
249
Green Douglas Fir Std&Btr 2x4
R/L (Portland)
198
185
155
Southern Pine (Westside) #2 2x4 R/L
261
258
245
KD Coast Hem-Fir Std&Btr 2x4 R/L
225
225
160
Ponderosa Pine (Inland) #2&Btr
1x12 R/L
595
585
400
* Weighted
average of 15 key items
Structural panel markets opened the new year to mixed reviews. Sales
of
OSB began 2010 just as they ended 2009 - quietly. Most of the East,
South, and Midwest were preoccupied with frigid weather. Sales of
Southern Pine plywood were slow to pick up in the new year as cold
weather gripped most markets. Primed by modest discounts early in the
week, western Fir plywood sales took off and mills moved order files
into the last two weeks of January. A couple of producers sold loads
for February shipments.
(f.o.b. mill prices)
Week
Week
Year Ago
Random Lengths Structural Panel
Composite Price *
$272
$ 273
$251
Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood
285-287
243-250
Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood
285-310
285-310
243-255
Western 1/2-inch 4-ply exterior sheathing plywood
255
260
255
North Central 7/16-inch Oriented Strand Board
182
182
153
*Weighted average of 11
key items
(Used with permission granted by Random Lenghts Publications, Inc)
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