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U.S. Softwood and Panel Market Reports

December 1, 2008


U.S.: softwood and panel market report ---- Update Weekly
      

The framing lumber market limped toward the long Thanksgiving weekend in the U.S. Prices were flat to narrowly mixed, as scarcities pushed up some prices and exceedingly muted demand undermined others. Producers aggressively probing for orders or offering month-end specials were few due to the recent extensive production drawdown. Most mills quoted from lists, and let buyers know that they were open to counters on quicker-shipping offerings.


20081201-Framing_lumber.jpg (51057 bytes)

Week
Nov 26

Week
Nov 21

Year Ago
2007

Random Lengths Framing Lumber Composite Price*

$225

$226

$270

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

186

189

242

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

265

267

315

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

165

170

178
Southern Pine (Westside) #2 2x4 R/L

271

270

288

KD Coast Hem-Fir Std&Btr 2x4 R/L

180

180

214

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

395

390

630

* Weighted average of 15 key items

Panel market

Structural panel markets slowed substantially as the long holiday weekend approached. A subdued OSB market got even quieter. Most prices moved sideways. Loads for shipment next week were readily available, although a few mills were booked into the second week of December. Southern Pine plywood trading was quiet, and sales generally fell short of production. Producers typically listened to small counters to clear accumulations. A trickle of sales left most western Fir plywood mills quoting shipments for next week or sooner.
20081201-Structural_Panel.jpg (32007 bytes)

(f.o.b. mill prices)

Week
Nov 26

Week
Nov 21

Year Ago
2007

Random Lengths Structural Panel Composite Price*

$265

$267

$307

Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood 255-265

260-272

355-370

Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood

255-265

260-275

357-375

Western 1/2-inch 4-ply exterior sheathing plywood 271
271

343

North Central 7/16-inch Oriented Strand Board 170

170

165

*Weighted average of 11 key items

Source: Used with permission granted by Random Lenghts Publications, Inc

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