PORTLAND, OR , March 5, 2013 (RISI) -
Mill sales in North American lumber and structural panel markets were lighter for much of the week, according to Crow's Weekly Market Report for the week ending March 1, 2013. Secondaries continued to sell steady volumes where weather was not an issue. Strong lumber futures gains Thursday brought buyers into the SPF market to purchase, lifting market prices. Price increases in the Southern Pine lumber market were less aggressive, while western species pricing was mostly flat. Winter weather in the Midwest and eastward shouldered much of the blame for the downturn in demand.
Structural panel prices were flat overall. Wholesalers continued to sell from their inventories at a good pace. OSB producers leaned on order files to hold up prices. Southern Pine plywood producers managed to nudge a few prices higher. Producers in the Western Fir plywood market were forced to discount in order to sell quick shipping volumes.
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