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BUILDING PRODUCTS - NORTHEAST FOR THE WEEK OF 9-28-09
ROOFING- Certainteed & IKO have both announced prices
increases of 5% effective September 1st. Both producers state
that cost increases of raw material are driving this. Expect
others to follow.
- B.P. has announced a 5% increase effective September 14th.
ADVANTECH ZIP SYSTEMS- A first time user
rebate is in effect now through December 31st. Builders can
receive up to $900 in rebates on
qualified products. Call us for details.
FOREST PRODUCTS
OSB- Overall panel sales have cooled
considerably from the levels we saw early in the month. Light
trading saw OSB trading at $6 per M less than last week. Buyers
look to secondaries for needs to keep inventory levels low.
Numbers should continue downward as order files have eroded with
most mills able to ship prompt.
PLYWOODS - Ouch! Prices tanked for many
of the same reasons as mentioned above. Pine plywood slipped
down single digits while fir plummeted as much as $20/M. Prices
should stay squishy as hopes that a bottom is in sight. We will
see.
SPF MARKETS - Quiet trading did little to
prices, in fact wides were up slightly . Demand, although not
stressful, keeps pace with production. Most traders still are
buying heavily mixed loads to keep inventories low. No one is
looking too far ahead with seasonal changes coming upon us at
any time. Stay tuned.
TREATED LUMBER - As October looms, SYP
prices drop and demand is less than what it was a year ago.
Treaters moved prices lower to try to move product. Watch for
more end of season deals as winter approaches. Shipping is
immediate, stock is available.
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