A price index of lumber and panels used in actual construction for July 12, 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.
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Lumber: The pace of sales activity in the SPF lumber market increased, allowing producers to raise prices, particularly narrow width levels. Wholesalers purchased speculative volumes early or at midweek which, combined with a down move in futures on Thursday, generated some nervousness among them. The Southern Pine lumber market continued to gather strength, led by double-digit price gains in the West zone. In addition to buyers opening up their PO books once again, a lack of truck availability continued to impact the supply side of the market. Most trading in the Coastal species lumber market “perked up.” Buyers covered specific needs and generally wanted quick shipment. Wholesalers purchased greater speculative volumes. The transition from a dull and slack market to something more vibrant continues for Inland lumber species. Having bottomed two weeks ago, it took over a week for the reality of better prices to sink into the thinking of some buyers. Radiata Pine pricing was stable and firm, although 5/4 Mldg&Btr moved up slightly. Radiata Shop is now selling for Se