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U.S. lumber and panel market reports

JUNE  16, 2014


U.S.: Lumber and panel market report ---- Week 24  2014

Random Lengths Lumber Market Report

Wood flowed through the distribution pipeline readily; however, ample mill offerings kept prices of framing lumber soft. Activity picked up Thursday, with a gain in futures, wholesale short covering, and mill discounts that persuaded buyers to cover needs. However, many buyers remained cautious and unwilling to purchase more than minimum requirements. The faster finish lifted some prices off their lows, but many prices posted drops for the week. The Random Lengths Framing Lumber Composite fell to $371.

 

 

This Week
Jun 13

Last Week
Jun 6

Year Ago
2013

Random Lengths Framing Lumber Composite Price*

$371

$375

$331

KD Western S-P-F #2&Btr 2x4 R/L Mill Price

310

314

303

KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes

413

421

399

Green Douglas Fir Std&Btr 2x4 R/L (Portland)

293

300

268

Southern Pine (Westside) #2 2x4 R/L

414

412

337

KD Coast Hem-Fir #2&Btr 2x4 R/L

375

388

323

Ponderosa Pine (Inland) #2&Btr 1x12 R/L

750

750

600

* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Structural panel sales gained modest momentum later in the week. OSB mill sales picked up in the second half of the week, and producers sold sufficient volumes to slow the descent of prices, if not stall it altogether in some regions. Demand for Southern Pine plywood kicked into gear Wednesday as buyers¨ concerns about downside risk subsided. Some producers helped jump-start sales by offering discounts. Western Fir plywood mills finished with an overall solid week of sales, although activity varied from day to day.

 

(f.o.b. mill prices)

This Week
Jun 13

Last Week
Jun 6

Year Ago
2013

Random Lengths Structural Panel Composite Price*

$368

$371

$399

Southern (west-east) 15/32-inch 3-ply rated sheathing plywood

410-430

405-425

375-395

Southern (west-east) 15/32-inch 4-ply rated sheathing plywood

410-440

405-433

375-395

Western 1/2-inch 4-ply rated sheathing plywood

412

409

360

North Central 7/16-inch Oriented Strand Board

205

215

295

*Weighted average of 11 key items

 

 

(Source: Used with permission granted by Random Lenghts Publications, Inc.)
  

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