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Market Recap: RISI Crow’s Construction Materials Cost Index

BY HBSDEALER Staff

 

A price index of lumber and panels used in actual construction for June 10, 2011

*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: Buyers of SPF lumber stayed on the sidelines in large numbers, digesting previous purchases. Most dimension lumber pricing remained static or adjusted only slightly in both the East and West. The depth of Southern Pine lumber mill discounts often varied widely, dependent on the individual mill’s need to sell particular items. Meanwhile, buyers chose precise tallies to fill inventory holes. The Coastal species lumber market has achieved what other markets continue to struggle with — a balance between supply and demand. Dry Douglas Fir was especially strong, while Hem-Fir increases were more moderate. Limited supplies of green Doug Fir kept prices from drifting lower, despite pedestrian demand. The narrows in Fir-Larch have seen increases of $5, with the wides less active. Inland Hem-Fir is doing well simply to hold onto its prices. Both 5/4 and 6/4 Ponderosa Pine Mldg&Btr appear to be priced acceptably, with no change for the time being. The 5/4 #2&Btr Shop is available readily enough to warrant no change. The 6/4, on the other hand, is tight and moves up $10. Most of the board market is moving along with little change from recent weeks, but a few items are clearly worth noting. Eastern White Pine producers are beginning to sense a little more energy in the market and some uptick in demand from key retail chains. The situation in New Zealand has become virtually unbearable for Radiata Pine producers, based on the value of the New Zealand dollar. Spotty and slight increases in demand were reported by producers in the Western Red Cedar market. Overall, buying remained limited and any uptick in demand was not across the entire market.

PANELS: Buyers needing to fill inventory holes provided enough demand in the Western Fir plywood market for prices to bounce off of floors. Although Southern Pine plywood producers reported selling production or more, prices were unable to gather any upward momentum. Instead, any price movement remained downward. No continent-wide OSB market exists, but some spot regional activity gives evidence that a little energy is flowing into the system. At least one key Canadian plywood producer promoted some buyer response by discounting his offerings. The presence of the discounted wood in the system does affect trading, so the new baseline price is C$290 for 9.5 mm CSP delivered to Toronto. During this session and carrying over from last, particleboard and MDF producers in both the South and the West have increased their prices, with the results yet to be defined.

Source: RISI’s Crow’s Weekly Market Report

For more on RISI, click here.

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California Faucets hires national sales manager

BY Brae Canlen

California Faucets has hired Steven Weinberg, the former president of the Decorative Plumbing & Hardware Association (DPHA), as its new national sales manager. Weinberg will be based on the East Coast, giving the Southern California-based company a bi-coastal presence, the announcement said.

Weinberg served as the president of DPHA since 2010. Prior to that, he owned The Glassmith Shop in Summit, N.J., a high-end decorative plumbing and hardware showroom and one of the earliest innovators of frameless shower enclosures. 

Based in Huntington Beach, Calif., California Faucets was founded in 1988. The company offers more than 25 styles and 34 decorative finishes. California Faucets also offers Thermostatic Shower Systems, tub and shower sets, trim and bathroom accessories. California Faucets’ products are sold at decorative hardware and plumbing showrooms and at select kitchen and bath dealers nationwide.

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CertainTeed expands colors for EverNew decking

BY HBSDealer Staff

Valley Forge, Pa.-based CertainTeed added two new shades to its EverNew PT Decking collection: Castle Gray and Tudor Brown. 

The new colors join an existing palette of Bronze, Slate, Ipe Tropics and Rosewood Tropics. 

“EverNew PT Decking is an ultra-low maintenance decking product that is durable and long-lasting,” said Patti Pellock, senior marketing manager for CertainTeed’s Fence, Railing and Deck division. “Available in natural looking, wood grain embossed patterns, as well as tropical colors with exotic, hardwood tones, it is a valuable component of dynamic outdoor living spaces.”

EverNew PT composite decking consists of a high-density polyethylene core and features patent-pending PermaTech surface technology from Fiberon that encapsulates the core and provides for unparalleled stain, fade and scratch resistance. The decking is designed for strength, durability and rigidity and is resistant to termites, splinters and decay. It’s backed by a 20-year performance warranty and a 20-year stain and fade warranty. 

EverNew PT Decking is a low-maintenance product; occasional washing with a standard garden hose will remove dirt and grime, and leave decking looking like new. 

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c.brown says:
Apr-23-2012 12:46 pm

I would give it a try simply
I would give it a try simply because they offer a 20 years warranty and because the decks would be termites resistant. I had my old decking ruined by these insects and probably they would have ruined my home too if it weren't for terminixpestcontroloffers.com and I don't want to face such destruction again.

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