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    U.S. softwood and panel markets report - Week 14
 

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U.S. softwood and panel markets report - Week 14
08/04/2008 - 17:50

Framing lumber prices firmed unevenly, with studs and narrow random dimension still the focus of most buyers. Traders sensed a better balance between supply and demand, resulting largely from recent production curtailments but notable gains in sales as well. Milder weather in some regions helped spur buying at the retail level. However, weather continued to impede sales across much of the nation's midsection. Many buyers still wanted specific loads and items, but found it increasingly difficult to dictate tallies to the mills.

 
Week
Apr 4
Week
Mar 28
Year Ago
2007
Random Lengths Framing Lumber Composite Price*
$239
$238
$281
KD Western S-P-F #2&Btr 2x4 R/L Mill Price
207
207
244
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes
290
286
320
Green Douglas Fir Std&Btr 2x4 R/L (Portland)
220
208
255
Southern Pine (Westside) #2 2x4 R/L
266
270
257
KD Coast Hem-Fir Std&Btr 2x4 R/L
205
200
260
Ponderosa Pine (Inland) #2&Btr 1x12 R/L
408
425
680
* Weighted average of 15 key items


Structural panel markets were mixed. Another quiet week of trading left many OSB mills receptive to mild counters. Producers in some regions sought orders more aggressively to move order files beyond next week. Southern Pine plywood producers sold steadily for a second consecutive week. Many added a week or two to their order files, which reached into late April. Some traders described demand for western Fir plywood as anemic. But demand was sufficient to support modest price increases.

(f.o.b. mill prices) Week
Apr 4		 Week
Mar 28		 Year Ago
2007
Random Lengths Structural Panel Composite Price* $280 $280 $277
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 306-320 303-310 292-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood 313-330 303-320 303-335
Western 1/2-inch 4-ply exterior sheathing plywood 300 295 312
North Central 7/16-inch Oriented Strand Board 140 142 147
*Weighted average of 11 key items
(Used with permission granted by Random Lenghts Publications, Inc.)
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