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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, are still out 3 weeks, and continue to keep prices firm to up. Mills are beginning to return from shutdowns, but inventory relief is still 2 weeks away. Some log shortages are being reported in Maine and Eastern Canada due to a long period of heavy rain. Plan purchases around 2-3 week ship times. Prices should remain firm well into September.
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| WSPF |
WSPF producers are once again grinding prices higher based upon increased activity and decreased production in the market. The two largest mills are reporting orders files on 2x4 #2 R/L going into the first week of September increasing by $3 on R/L. 2x6 #2 is even stronger, going up twice as much as the 4" with one large producer actually going off the market on 8/12. All wide widths showed some muscle moving up considerably by mid-week print. 2x10 gained the most ground, up $6. Studs seem to be the only bleak spot right now, going down a modest $2. With that being said, there is no abundance of quality WSPF studs in the reloads around the US for prompt shipments at a reasonable price. Don’t get caught short without the wood you need for the increased activity that Sept. and Oct. usually brings. Call your ENAP trader to ask about our premium WSPF pool program.
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| Green Doug Fir |
2x6 was the biggest mover this week. Studs have slowed down slightly and if you shop them hard you can get “your” price. Contract buyers seem to have bumped up their projections for the forth quarter.
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| Dry Domestic Species |
Coastal Hem-Fir prices continued to rise with follow-thru from last week. Order files are out about 3 weeks with most mills. Inland White-Fir / Hem-Fir started to show some life last week but have flatted out already.
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| Fir Plywood |
Mill bookings have slowed / quieted from the pace of the last two weeks. No change in price posture as mills are leaning on one to two week order files.
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| SYP Plywood |
The upward momentum of last week’s market has not carried over into this week. Prices are slightly up on thicker panels and seem to be holding steady on other thicknesses. There is plenty of product around, both import and domestic.
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| OSB |
Sales of OSB have slowed from last week’s pace but not before order files reached 2 weeks out. Prices should remain up as dealers gear up for the fall push. Some prompt wood is available but is getting a premium price.
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| SYP / Treated |
As production starts to catch up with demand we see numbers start to slow down on 2x8 and 2x10’s after seeing double digit increases over the last several weeks, Eastside showing up $3/m. 2x6 and 2x12’s have flattened, while 2x4’s remain the same. Even though it looks like prices are starting to come back to us on most 2” dimension, I’m seeing lots of inventory holes with the exception of 2x12’s. If you need to fill holes in your inventory, I would not wait for numbers to drop because specified lengths may not be there. Please try to plan ahead to avoid any issues with trucking.
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| Archives |
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April 16th, 2008 |
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June 4th, 2008 |
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June 25th, 2008 |
| July 2nd, 2008 |
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July 16th, 2008 |
July 23th, 2008 |
July 30th, 2008 |
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August 13th, 2008 |
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