A price index of lumber and panels used in actual construction for Aug. 9, 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.
Lumber: Sales activity in the SPF lumber market was spotty and sluggish, but tight supplies of certain items generated some higher pricing. Having purchased much of their August needs, buyers held out in greater numbers. Prices hit a wall in the Southern Pine lumber market, forcing some to recoil, particularly on the Westside. Approaches by mills in that region varied in respect to pricing, dependent on the level of urgency at a particular mill. Much of the pricing in Coastal species lumber remained stable or found higher levels at which to trade. Dry prices were more likely to rise than those in green Doug Fir. Inland lumber producers continued to struggle with broken inventories of most lumber grades but found that #2&Btr was getting more attention from buyers than were the uppers. Radiata Pine prices are stable, although some South American Mldg&Btr has discounted slightly. Ponderosa Pine industrial lumber is “Weak at both edges,” according to one source. The slowing of millwork has led to softening in lower grades of lumber, and more blanks and blocks are being offered. Ponderosa Pine 4/4 boards remain “hot,” as one source noted. Acti