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U.S. lumber and panel market reports

January  19, 2015


U.S.: Lumber and panel market report ---- Week 2  2015

Random Lengths Lumber Market Report

Spotty sales of framing lumber failed to keep up with mill output, and softening prices left the market¨s tone bearish. The sluggish pace disappointed many traders who had taken positions in anticipation of a faster start to the year. Recent frigid weather, while moderating, was one factor. Weakness in futures ahead of the January contract close on Thursday also kept buyers on their heels. Softness in all key framing lumber species resulted in a $6 drop in the Random Lengths Framing Lumber Composite Price.

 

 

This Week
Jan 16

Last Week
Jan 9

Year Ago
2014

Random Lengths Framing Lumber Composite Price*

$377

$383

$400

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

321

336

376

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

430

442

468

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

310

312

395

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

456

465

441

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

342

345

398

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

665

665

815

* Weighted average of 15 key items

 

 

 

Random Lengths Panel Market Report

Weak demand exerted downward pressure on structural panel prices. Price softness enveloped most OSB markets in North America, as thin mill order files prompted producers to take a more aggressive approach to sales. Southern Pine plywood sales were a grind as buyers limited their purchases to specified needs. Secondaries seeking to clear their lists provided stiff price competition for mills. Western Fir plywood sales were mixed, but it took some doing for mills to pry orders from customers. 

 

(f.o.b. mill prices)

This Week
Jan 16

Last Week
Jan 9

Year Ago
2014

Random Lengths Structural Panel Composite Price*

$388

$393

$364

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

443-470

447-475

370-405

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

445-475

450-480

370-405

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

410

422

367

North Central 7/16-inch Oriented Strand Board

202

205

225

*Weighted average of 11 key items

 

 

 

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

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