U.S. softwood and panel markets report

Framing lumber prices firmed unevenly, with studs and narrow random dimension still the focus of most buyers. Traders sensed a better balance between supply and demand, resulting largely from recent production curtailments but notable gains in sales as well. Milder weather in some regions helped spur buying at the retail level. However, weather continued to impede sales across much of the nation's midsection. Many buyers still wanted specific loads and items, but found it increasingly difficult to dictate tallies to the mills.

	Week Apr 4	Week Mar 28	Year Ago 2007
Random Lengths Framing Lumber Composite Price*	$239	$238	$281
KD Western S-P-F #2&Btr 2x4 R/L Mill Price	207	207	244
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes	290	286	320
Green Douglas Fir Std&Btr 2x4 R/L (Portland)	220	208	255
Southern Pine (Westside) #2 2x4 R/L	266	270	257
KD Coast Hem-Fir Std&Btr 2x4 R/L	205	200	260
Ponderosa Pine (Inland) #2&Btr 1x12 R/L	408	425	680
* Weighted average of 15 key items

Structural panel markets were mixed. Another quiet week of trading left many OSB mills receptive to mild counters. Producers in some regions sought orders more aggressively to move order files beyond next week. Southern Pine plywood producers sold steadily for a second consecutive week. Many added a week or two to their order files, which reached into late April. Some traders described demand for western Fir plywood as anemic. But demand was sufficient to support modest price increases.

(f.o.b. mill prices)	Week Apr 4	Week Mar 28	Year Ago 2007
Random Lengths Structural Panel Composite Price*	$280	$280	$277
Southern (west-east) 15/32-inch 3-ply exterior sheathing plywood	306-320	303-310	292-325
Southern (west-east) 15/32-inch 4-ply exterior sheathing plywood	313-330	303-320	303-335
Western 1/2-inch 4-ply exterior sheathing plywood	300	295	312
North Central 7/16-inch Oriented Strand Board	140	142	147
*Weighted average of 11 key items

U.S. softwood and panel markets report - Week 14

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