A price index of lumber and panels used in actual construction for Aug. 24, 2012
*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: Trading was light in the SPF lumber market, but mill order files extending into early September kept most prices firm. A succession of downward moves in futures added an element of caution to the market among buyers. Wholesalers sold volumes below mill prices. Southern Pine sales activity remained steady, prompting a number of producers to report selling a week's worth of production. Demand was strongest in the West zone, where it often outpaced production. Prices remained mixed overall. The Coastal species lumber market took what most traders described as "a pause." Buyers took delivery on prior purchases and shied away from adding to those volumes. Wholesalers sold a few dollars below replacement costs while turning away deeper counters. The Inland species lumber market remained on firm ground, in spite of slower sales volumes. The slowdown was more a product of limited prompt offerings rather than a drop in demand. Eastern White Pine board producers reported