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U.S. softwood and panel markets - week 15, 2012

  • April 16, 2012
  • • Source: Used with permission granted by Random Lenghts Publications, Inc.
  • • Views: 587
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random lengths The framing lumber market continued to send mixed signals to buyers at the secondary and retail levels. Action in Southern Pine was heavy, but buying in most other species came in spurts. The end results were prices moving sideways or up and down in variable increments, with many traders still undecided about the market's next major move. While Southern Pine led all gainers, weakness was most pronounced in green Douglas Fir. Gains in SYP were largely the drivers in pushing the Framing Lumber Composite up $1.


Week
Apr 13

Week
Apr 6

Year Ago
2011
Random Lengths Framing Lumber Composite Price*
$297
$296
$274
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
277
276
262
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
372
370
348
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
235
245
260
Southern Pine (Westside) #2 2x4 R/L
309
308
266
KD Coast Hem-Fir Std&Btr 2x4 R/L
293
290
290
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
635
640
660
* Weighted average of 15 key items

Structural panel sales were measured. Mixed results continued to define OSB markets. Lengthy order files and steady business pushed prices modestly higher in some regions, while others languished at around last week's levels. Secondaries stepped into the Southern Pine sheathing market Wednesday and Thursday to replenish stocks and cover shorts. In addition, some shipments to Mobile were booked by producers and wholesalers to cover export orders. A few western Fir mills entertained modest counters early to spur business in an uneventful market.

(f.o.b. mill prices)
Week
Apr 13
Week
Apr 6

Year Ago
2011
Random Lengths Structural Panel Composite Price*
$342
$340
$292
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 370-394
372-392
325-335
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
375-405
375-400
330-340
Western 1/2-inch 4-ply exterior sheathing plywood 365
365
320
North Central 7/16-inch Oriented Strand Board 213
207
167
*Weighted average of 11 key items


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