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Market Update8-30-21"If we don't change, we don't grow. If we don't grow, wearen't really living."Gail SheehyThe Market Update, in existence since 2012, is published on a weekly basis and is intended to be asource of lumber and commodities information for the present & future and pricing trendinformation. We appreciate receiving some of this information from Forest Economic Advisors, RISIInc and LMC.Builders values the opportunity to serve its customers in Colorado & Nebraska and provide you withLumber & Panel price guidelines as well as Commodities information.Curtailments continue:Several publicly announced additional curtailments this week. Very little activityuntil late in the week. The mill’s efforts seem to be more offshore as they try andmove product.Prices firmed up, but could not crack the 400 barrier.Fiberglass Insulation: Production still cannot keep up with demand, andsuppliers cannot build inventories. Orders are backed up, and are basically beingmade to order at this point. We expect this continue into the first Q of 2022. Weare monitoring this on a daily basis and will continue to push for more trucks.Gypsum: September increases have been announced. We've seen a "seasonal"slow in demand, but expect it to tick back up in Sept/Oct. Shaftwall liner and MatFaced sheathing lead times continue to be strained as a result of the raw materialshortages.Foam Sheathing: October 1 increases have been announced and lead times arerunning about 4-6 weeks.1
Market UpdatePrice Increase ark DietrichClark DietrichClark lmes EYCO -25%, 15%avg4.7% -17%4-8%1.5% 021L1/L2ToolsPTOOLVendorBoschSenco FlooringDeWaltMilwaukeeStabila LevelsTajima Hand toolsKapro and USTapeMohawk chenMILLNot StatedNot Stated15-40%Not FCO ColumnsLarson StormDoorsAll Interior DoorsPPG Liquid NailsRustoleumWhizz14.0%8/9/2021PAINTHenry Adhesives5-10%10/1/2021Fuel Central StatesTarcoTamkoOwens CorningGAFIKOCertainteedMetal SalesPlygem vinylPlygem vinylVersetta hawkRockwoolDowReflectixReflectixOC FoamularMFMAtlas Poly isoSilvercoteOX EngineeredSchlageMaxim5-7%10%8%12-14%3%Variesup to 10%6% rug .05hard6% rug .02hard9/13/20212
Market UpdateCurrent Lead Times:L1/L2BLDMTVendorNapcoCurrentLeadtime8 weeksBLDMTBLDMTDECKDRYWLDRYWLDRYWLRebar8 weeksClark DietrichTrexGPUSGAmericanCertainteedUFP Trt DAPCurrentLeadtime7 weeks8 weeks6-8 weeks4-6 weeksAllocation7-10 weeksPAINTENGLBENGLBENGLBENGLBMILLDupont FoamsRoseburgTJIRIMLSLHardwood Boards6-8 weeks29 Weeks14 weeks7 weeks10 weeks5 weeksAllocation4-6 weeks6-8 weeks6 weeks4 weeksAllocation8-12 weeks4-6 weeks5-8 weeksQ4 2021Q3 2021Q4 OFBayerBuiltCentralMarvinPella- woodPella- imperviaPella- SSIDEAtlas RoofingCertainTeed RoofingIKO RoofingOwens Corning RoofingLomancoAirVentEpilayGAPTarcoYetiTraegerLP- Prefinished4-6 weeks7-9 weeks10 weeks7-11 weeks2-11 weeks4-18 weeks8-15 Weeks4 irlpoolFreezersSchrock EntraSchrock TrademarkSchrock BoutiqueFieldstone4-8 weeks16 weeks10-16 weeksQ1 20229-16 weeks15 weeks14-16 weeks22-24 weeks6 weeks12 weeks3 weeks9 weeks8 weeks16 weeks6 weeks2 weeksKITCHNorcraft Signature19-21 WeeksSIDELP- Primed16 weeksKITCHNorcraft Pivot17 weeksSIDECollins Truwood12 weeksKITCHUltra Craft18-20 weeksSIDEHardie10 weeksLIGHTThomas8 weeksSIDEPlygem12 weeksLIGHTHunter9 weeksSIDEFypon5 weeks3
Market UpdateTHE BOTTOM LINE: Builders price motion this week:4
Market UpdatePrice Change From Prior WeekLumber FuturesSeptSize2x4 #2&Btr2x6 #2&Btr2x8 #2&BtrCoastalHem Fir-5-15-10InlandFir-30-35-516NovIntf.Doug Fir Fir/Larch-5-30-15-40-25-402x10-15-15-30-252x122x4 Util2x6 42x6Studs2x4 922x4 1042x4 1162x6 922x6 1042x6 116OSB4x84x94x10DF 1800DF 2400-15-5-10-5Hem Fir#2 Studs-20-30-20-20-40-307/16202020#2 SPFDenver10-5vsFOB Mi l l8/20/2110#2 Euro Premium(East SPF 30#2 SPFGrandIsland10-52x4 #1 SYP(central)-13-20-17-15-5Denver2x3 #2 SPF-110DF 1800DF 2400DF 2850-15-5Studs-10-5-10White Doug -40-35-65-30-35-40-30Denver OSB15/328/27/214315/32Struc 12020202020Grand Island PFPremGrade5030NA6888NA3/4 T&G7/1610000SPF 500-104-1751/2Advantech05/8-65ZIP-25R3R6.61 1/8"-390015/32Struc 17/1615/32OSB4x81515154x92015154x1020Quake Zone 110 7/16" 122 7/16" 134 7/16"Denver2020203/815/32-44x8 PlywoodWestern-20-25SYP West-16-6019/3215Durastrand1/4"3/4 T&G1515157/160001/205/8-65Advantech0Blue 101 1/8"0110 7/16" 122 7/16" 134 7/16"GI202019/3223/3223/32 UL-20-27-30-27-25-168201 1/8 UL-30Lumber:5
Market UpdateFrom LMC: “In the meantime, more unannounced curtailments unbeknownst to us are takingplace in the background. These, and other unknown factors, should keep us on the lookout aswe’ll never see the end coming. We could expect sudden shifts in momentum and direction. Thatsaid, it does appear to be off in the distance. Lumber is not the Housing Market’s issue.Windows, siding, labor (for all of us), LVL and I-Joists are some of the issues we are facing. Theseproblems are governing the pace of business. We can’t buy cheaper lumber in earnest until themore expensive lumber has moved out. Time .it’s just gonna take time.”Some buying in the Fir’s this week, but still more inquiries than purchases. Notenough to keep prices from falling 5 to 10 on 2x4. Wides fell a little further. SPFheld its own and actually gained on 2x4.Studs continued to search for a bottom and while it seems to be close, it wasanother week of double digit drops. Overall, a 12 drop in our composite.Lumber CompositeToday 1 week ago 1 month ago 1 year ago526538646921% /-2.2%-18.5%-42.8%The Lumber Composite is a weighted average of HF, DF, SPF dimension and studs as well as Fir and DF wides6
Market UpdatePanels:Buying panels resumed this week. No any heavy purchases, just replenishment.Western Canada (our Denver region) strengthened late last week, but did not seemto be based on additional purchases and no “real” explanation exists. This hashappened before (largely driven by Tolko, but both West Fraser and LP are happy tojump on board).Overall modest gains for the week. Up 1.3%. I believe we have hit bottom and arenow riding the bump back up.Panel CompositeToday1 week ago 1 month ago 1 year ago 646 637 1,086 807% /1.3%-40.6%-20.0%The OSB Composite is a weighted average of both Colorado and Nebraska panels from 7/16 through 23/32 T&G.7
Market UpdateThe cost of a home, with pricing updated weekly, so you can get a sense of the totalcost, not just studs or 7/16.This design is a combination of the following: Plan Collection #109-1098, 131-1162; Houseplans #124-141; Homeplans #homepw007831,452 sq. ft. three bedroom, two-bath ranch w/attached 2-car garageIncludes: All framing materials from the basement to the roof, Pella windows, vinyl siding,aluminum soffits and trims, laminate roofing, entrance doors, insulation (installed), drywall,interior flush oak doors and trim, oak stair rail, closet shelving and hardware, treated deck,2 egress windows with area walls and covers in the basement, fasteners. #44245 #E1447688
Insulation OC Foamular 8% 10/1/2021 ROOF GAF 4-7% 8/30/2021 Insulation . INSUL Certainteed Allocation WIND Pella- vinyl 4-18 weeks HARDWARE Locksets 8-12 weeks WIND WeatherShield 8-15 Weeks PTOOL Dewalt 4-6 weeks ROOF Tamko 4 weeks . SAFETY Masks Q4 2021 ROOF Owens Corning Roofing Allocation
