menu-bgimg

What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • Madison’s Lumber Reporter
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More

Industries

From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More
x
 
Blog

Southern Yellow Pine Composite Lumber Price: October 2012

November 22, 2012
Author: Forest2Market

Forest2Market’s composite lumber price increased by 1% in the month of October. The composite price at the start of the month was $293/MBF (Week 40), a 3% decline from the last week of September. Composite price increased in Week 41 to $294/MBF and continued to increase throughout the rest of October, with prices of $297/MBF and $306/MBF in Weeks 42 and 43, respectively.

october_lumber

The continued strength in lumber prices can be attributed to housing starts, which increased by 15% in September and another 3.6% in October. October’s starts were 41.9% above October 2011’s level. Rebuilding after Hurricane Sandy is expected to bolster prices as well.

Sales order volume per mill increased throughout the month of October as well, ending the month 26% higher than the end of September. Sales order volume per mill remained relatively flat in the first two weeks of the month (Weeks 40 and 41). In Week 42, however, we saw the largest volume transacted since Week 8 in February. Sales order volume per mill declined slightly from previous week’s high volume in Week 43.

Looking historically at lumber prices for the month of October, this year’s price is an anomaly. Pricing continues to display the same fluctuating trends that marked 2010 and 2011, though at an elevated price level: the composite is $45-$50 higher per MBF than it was in 2010 and 2011.

Note: The above figure summarizes pricing data gathered for Forest2Market’s weekly lumber market report, Mill2Market. For this market report, Forest2Market aggregates sales order data submitted directly by report subscribers. This figure charts weekly sales order prices from January 2010 through year to date 2012 and compares sales order data, FOB Mill on a volume weighted $/MBF basis. The prices in the figure are composite prices; they include dimension lumber, timbers and boards.

For more information, visit the Mill2Market page of our website, or call Bob Bratton at 980-233-4034.

Back to Blog

You May Also be Interested In

May 21, 2020
Are Skyrocketing Lumber Prices a Sign of Things to Come?
If we’ve learned one thing about economic uncertainty during the COVID-19 pandemic, it’s that markets will always...
Continue Reading
May 14, 2020
Where are Southern Timber Prices Headed?
The modern forest supply chain is without guidance for operating in the current pandemic-driven economic...
Continue Reading
April 24, 2020
UPDATE: North American Lumber Market Adjusts in April
The COVID-19 pandemic has hit the new-construction market hard and swift, which has impacted lumber demand, prices...
Continue Reading