U.S. softwood and panel markets - week 11, 2010

  • Март 21, 2010
  • • Источник: Used with permission granted by Random Lenghts Publications, Inc
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Framing lumber report

Sales of framing lumber kicked into gear late Wednesday. After a weak close to the March futures contract on Monday, gains in the May contract were one catalyst for the increased activity in cash. The arrival of spring-like weather across much of the country was another. Meanwhile, constraints on production were still in force. Logs were in tight supply across the West, and breakup limited deliveries to mills in the Inland region. Many prices carried modest upward momentum into the week based on last week's action.


Week
Mar 19

Week
Mar 12

Year Ago
2009
Random Lengths Framing Lumber Composite Price*
$312
$307
$193
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
280
280
150
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
357
353
235
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
232
230
148
Southern Pine (Westside) #2 2x4 R/L
354
345
251
KD Coast Hem-Fir Std&Btr 2x4 R/L
285
277
150
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
753
750
553
* Weighted average of 15 key items

Structural Panel report

Structural panel sales lost momentum, but prices moved higher. Sales of OSB slowed from last week's pace but remained sufficient to keep prices tilted upward. Long order files, inventories to be sold, and recent sharp increases in prices pushed some buyers to the sidelines to digest earlier Southern Pine plywood purchases. However, prices continued to climb based on fair sales. Many western Fir plywood buyers were cautious following last week's surge in prices. Thin field inventories forced some buyers into the market.

(f.o.b. mill prices)
Week
Mar 19
Week
Mar 12

Year Ago
2009
Random Lengths Structural Panel Composite Price*
$345
$334
$250
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 355-360
350-355
258-268
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood
367-388
358-385
265-270
Western 1/2-inch 4-ply exterior sheathing plywood 362
345
232
North Central 7/16-inch Oriented Strand Board 232
227
152
*Weighted average of 11 key items