| U.S. softwood and panel markets - week 5, 2010 |
| 07/02/2010 - 21:06 |
random lengths
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 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
|
|
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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