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Panels: OSB & Plywood

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To begin with, you will read a market summary and conclusion.  I will address the reasons why the market is doing what it is doing and what I expect to happen next. Hence...analysis and forecast.

Bull-o-meter:  This is a quick reference to my own bullish or bearish sentiment based upon the week's fundamental and technical analyses.  Taking a quick glance here before reading will instantly tune you in with my thinking and confirm by opinion of the markets.
EDP's: Estimated Decision Points  The markets trade in predictable, repeating cycles. Here you will see the current trend as compared to the EDP Trend Line, which reveals the repeating cycle.  This will give you a clue as to what the market is likely to do next and how much longer the current trend will last, plus you can quickly recognize if the market is trading at price extremes. Occasionally there will be counter cyclical moves that I will try to identify before they occur.  EDP's are only indications of the timing and duration of a cycle not the strength of the move.  EDP's do not project price objectives.  Because if the thinness and volatility of the lumber futures contract I do not use EDP's as reliable market analysis.

Price Comparisons:  This is meant only to serve as trend verification.  You
know better than I what you are paying for lumber.  More in depth pricing
can be found on Pages 7 & 8.

Sales/Production Ratio:  Look there to verify mill order files.  If the
3-week average is over 100% they have an order file.  If it is below 100%,
they do not. Not available for futures.

(Prices reflect the most recent trading levels, but are not necessarily
mill quotes.  All sources are believed to be reliable and are strictly confidential.)

 

Forecasts and observations are based upon technical and fundamental criterion at the time of publication and are not offers to buy or sell futures contracts.   I do not trade Lumber or Panel Futures or Cash.  Recommendations and observations are the opinions of Matt Layman, publisher of Layman's Lumber and Panel Guide. Constantly changing market conditions must be considered prior to implementation of any trading strategies.  There is a risk of losing money when trading so do so at your own discretion.  Reproduction and redistribution is prohibited without permission from the publisher and I reserve the right to change my mind without prior notice.  EDP's  are the creation of, and proprietary property of, Layman's Lumber & Panel Guide.

 If you would like to receive a complimentary 4-week trial subscription to Layman’s Lumber & Panel Guide or if you wish to contact me by clicking this link -> Email me Or call 800-256-7952 or fax 800-237-6912