A price index of lumber and panels used in actual construction for Jan. 28, 2011
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow's Weekly Market Report.
LUMBER: On the North American front, SPF lumber sales were slow. Producers in the East struggled to keep prices at prior levels. In the West, producers felt little pressure to discount #2&Btr, but quotes were lowered in line with market levels. Sales activity in the Southern Pine lumber market was sluggish. Dimension price increases in the Central and East zones eased and discounts were more apparent, while prices on the Westside deteriorated $10 to $20. Demand for Coastal species lumber trickled into mills for much of the week, with a slight uptick reported at midweek. Any increase in buyer participation was not enough to keep several prices from dropping $10 to $15.Inclement weather now hampers retail takeaway, creating a market demand that is "kinda quiet," according to one Inland species lumber manager. The drag on demand has not created much mill-level reaction, however, and pr