A price index of lumber and panels used in actual construction for March 4, 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: A greater presence by China within the SPF market at midweek influenced a few prices by firming them and prompting quote hikes by Thursday. In response to more limited demand, the rate of price increases for Southern Pine dimension lumber subsided. Retailers purchased moderate volumes, while treaters purchased less often. Dry Doug Fir and coastal Hem-Fir pricing was mostly flat, with some upward moves showing up in 2x4 through 2x8 #2&Btr. Struggles to move off what little green Doug Fir volumes were available forced lower prices early, but buyers showed more interest by Thursday. Improving weather is combining with good offshore activity to keep Inland species lumber prices firm and operating on a gradually upward trend line. Prices do continue to operate in narrow spectrums, with demand insufficient to drive numbers firmly higher. Ponderosa Pine Mldg&Btr has pushed upward and Shop remains tight in all #2&