News

Market Recap: RISI Crow’s Construction Materials Cost Index

BY HBSDEALER Staff

 

A price index of lumber and panels used in actual construction for April 13, 2012

*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: Moderate levels of demand in the SPF lumber market were enough to maintain most price levels. Buying improved slightly at the end of the week. An occasional specified length was negotiated when a buildup occurred. Follow through from demand experienced at the end of the prior week prompted Southern Pine lumber producers to raise prices, in most instances by double-digits. Treaters continued to purchase significant volumes to replace takeaways from their yards. Sales activity on the dry side of the Coastal species lumber market improved, leading to firmer pricing. Early discounts helped clean up buildups at mills, allowing for prices later in the week to closely mirror those early Monday. Meanwhile, green Doug Fir prices sagged as a result of limited demand. Sales activity in the Inland lumber market added little to the forward pace of the market, starting as it did following a major holiday, and with buyers convinced they could extract discounts from mills. Most mills were not of a mind to move off their prices, since they have log and other issues that limit their production levels. Eastern White Pine producers are seeing a little slackening of the market pace, following several weeks of reasonably decent buying. Ponderosa Pine #2 Common boards are holding on all items, according to most sources, although a little 1×12 has begun to show up. Prices for #3 Common are very firm or slightly aggressive. Domestic Ponderosa Pine lumber in industrial grades is “very balanced and extremely stable in price,” according to a source. Radiata Pine is strong on all fronts. In addition to strong moulding prices, blanks are selling at $1,120 to $1,140. Most Western Red Cedar prices were relatively firm or edged higher, boosted by moderately improved demand and an increasing shortage of supplies.

Panels: In all regions, OSB mills have gained the control of the market, with the result that some regions show substantial price changes. One exception was in the West, where prices firmed but remained unchanged. Some Southern Pine plywood mills applied a little grease to the wheels in the form of discounts early and were rewarded by improved sales activity from Wednesday through the week’s end. Sales activity in the Western Fir plywood market perked up at midweek, enabling mills to establish some firmness to sheathing prices. Producers discounted volumes early, which helped attract broader market share. Over the course of the last three weeks, Canadian plywood has maintained consistent mill selling levels. As has been the case over the past several weeks, particleboard and MDF producers continued to increase prices, influenced more by increases in production costs than demand. Mills continued to sell both MDF and particleboard at rates either level with or exceeding weekly output.

For more on RISI, click here

keyboard_arrow_downCOMMENTS

Leave a Reply

m.dadf says:
May-05-2012 10:19 am

great post, i appreciate your
great post, i appreciate your thought, its just awesome, lemme bookmark your site;) and please check out Mayweather vs cotto Live

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Industry Dashboard for April 16, 2012

BY HBSDEALER Staff

Half the stocks on the Home Channel Stock Roundup are in negative territory for the month, and half are in positive. Compared with last year, though, the majority of stocks are showing strong growth.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Ace Express finds a home in Buffalo, N.Y.

BY HBSDEALER Staff

According to an article in BuffaloRising.com, a small-format Ace Hardware store is slated to open close to downtown Buffalo in a building next to a paint store. 

Owner Paul Leahey, president of Schuele Paint Co. in Buffalo, described the 3,000 square-foot store set to open by Memorial Day as a “first class hardware store.”

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?