U.S. softwood and panel markets - week 11, 2010
- marzo 21, 2010
- • Fuente: Used with permission granted by Random Lenghts Publications, Inc
- • Vistas : 5199
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 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 | |||