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| Weekly Market Update |
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Click for Printable Version July
23, 2008 |
| ESPF |
Limited supply and extended ship times, up to 3 weeks, continue to keep prices firm to up. Mills are beginning to return from shutdowns, but inventory relief is still 2 weeks away. One stud producer is meeting today to consider an extended shutdown or possible closure. Plan purchases around these 2-3 week ship times. Prices should remain firm into September.
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| WSPF |
WSPF Cash levels continue to be firm to up as all items gained $1-$4. Prompt wood is still hard to find allowing mills to push asking levels upwards. 2x4x16 straight loads have been very hot over the past week jumping up in some cases $20+ this week. 2x8 through 2x12 production is thin and availability is even thinner. Dealer inventories are low and for some secondaries even lower. Wholesalers with prompt wood are getting a hefty premium.
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| Green Doug Fir |
Sales picked up as buyers filled in their holes and took a position. Studs on the other hand continued on their roller coaster ride. Secondaries still have the best pricing on studs.
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| Dry Domestic Species |
Coastal Hem-Fir mills saw increased inquiries early this week. Mill sales were at last week’s quoted numbers. With a lot of the Spruce mills offline for summer shutdowns, buyers poked their noses into the market. Inland White-Fir / Hem-Fir started to show a little uphill action and I suspect that trend to continue with supplies being very limited.
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| Fir Plywood |
With prices up and order files extended, mill bookings starting off the week have quieted. Quoting levels are up a few dollars testing new ground. Most purchasing will revert to wholesalers / distributors with cheaper & quicker wood.
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| SYP Plywood |
Mills are sitting on a 2 week order file and holding firm on asking levels. Secondaries have prompt wood with little discount to mill levels. Inventories are lean on the dealer side which should support higher replacement prices.
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| OSB |
Sales in all regions have been enough to push numbers up and order files out 2 weeks or more. Dealers are stocking up on inventory as September is historically a good month for sales. Look for prices to remain firm to up.
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| SYP / Treated |
Treated and SYP Market is mixed, seeing upside on 2x4, 2x8 and 2x10, which should bring more upside. 2x6 is flat and 2x12 fell slightly. Wides seem to be a little scarce on 2x8 and 2x10. Decking has stayed flat to down in both grades, with more demand on 8’ & 14’ Std. and 16’ Prem. Timbers have also stayed the course with their flat to down $10/m trend. Please keep in mind trucking will remain an issue. With that in mind it would be a good idea to keep needs covered for about 3 weeks.
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| Archives |
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April 16th, 2008 |
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May 7th, 2008 |
May 14th, 2008 |
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May 28th, 2008 |
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June 4th, 2008 |
June 11th, 2008 |
June 18th, 2008 |
June 25th, 2008 |
| July 2nd, 2008 |
July 9th, 2008 |
July 16th, 2008 |
July 23th, 2008 |
July 30th, 2008 |
| August 6th, 2008 |
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