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    U.S. softwood and panel markets - week 5, 2010

 

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U.S. softwood and panel markets - week 5, 2010
February 07, 2010
random lengths
Framing lumber report

Framing lumber sales gained momentum as supply-side concerns kept buyers in the market. Sharp price gains were posted across all grades, ranging from Economy to Select Structural and MSR. Mills raised prices steadily, if not aggressively, as they sold through mid-to-late February, and sometimes into early March. Double-digit gains across the spectrum of species pushed the Random Lengths Framing Lumber Composite Price up to $305, a $21 increase.


Week
Feb 5

Week
Jan 29

Year Ago
2009
Random Lengths Framing Lumber Composite Price*
$305
$284
$190
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
290
252
134
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
350
335
230
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
247
228
155
Southern Pine (Westside) #2 2x4 R/L
313
294
233
KD Coast Hem-Fir Std&Btr 2x4 R/L
275
252
150
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
670
640
485
* Weighted average of 15 key items

Structural Panel report

Structural panel prices continued to gain ground. While OSB traders offered mixed assessments of the sales pace, there was broad agreement regarding the market trend. Prices advanced in all regions, in some cases by double digits. Earlier action in other products spilled into the Southern Pine plywood market late in the week. A few prices wobbled briefly Thursday, but firmed later that day and rose in an active Friday morning. A surge of orders from Canada at midweek helped western Fir plywood mills extend shipment times.

(f.o.b. mill prices)
Week
Feb 5
Week
Jan 29

Year Ago
2009
Random Lengths Structural Panel Composite Price*
$301
$293
$252
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 313-325
306-317
250-260
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
318-340
313-330
253-268
Western 1/2-inch 4-ply exterior sheathing plywood 308
295
242
North Central 7/16-inch Oriented Strand Board 210
203
150
*Weighted average of 11 key items


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

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