A price index of lumber and panels used in actual construction for March 29, 2013
*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.
<!--[if gte mso 9]>
Lumber: Trading in the SPF lumber market was lackluster until Thursday. That is when futures made an up-limit move, sending buyers into the market to either purchase or determine where the market was going. Buyers remaining on the sidelines and mills with a variety of approaches toward the market generated mixed pricing in the Southern Pine lumber market. Steady sales into Texas helped keep West prices from tumbling. Some producers used month-end discounting or less aggressive price increases to bolster their order files. Trading was not quite as active as it has been in recent weeks in Coastal species markets. However, any drag on prices only stopped them from moving higher and did not apply any downward pressure. Buyers of Inland species lumber continued to look for coverage, many times to no avail. Producers reported broken tallies and limited volumes available. Buyers wanted the quickest shipping volumes. Reports of open market sales of Radiata Pine Shop were far and few. Ponderosa Pine producers reported continued steady sales of low grade Shop lumber while sales of the upper grades remained quiet. Activity in the Ponderosa Pine board market was muted, partially due to lack of offering from producers and partially from a shortened week, as many folks t