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U.S. lumber and panel market reports

May 25, 2015

U.S.: Lumber and panel market report ---- Week 20  2015

Random Lengths Lumber Market Report

Sales picked up in all framing lumber markets, and many prices moved higher. Some mill salesmen reported that it was their best sales week of the year to date. Order files often extended into early to mid-June. While secondaries noted that demand was no runaway, action in the field picked up noticeably. Traders said recent mill curtailments were a factor. A strong week in futures and higher taxes coming on Canadian lumber shipments to the U.S. in June also contributed. April’s housing starts report helped fuel gains in futures.

  This Week
May 22
Last Week
May 15
Year Ago
Random Lengths Framing Lumber Composite Price* $312 $310 $382
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 262 251 347
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 358 347 440
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 295 288 320
Southern Pine (Westside) #2 2x4 R/L 334 345 401
KD Coast Hem-Fir #2&Btr 2x4 R/L 300 297 405
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 670 750
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel markets shifted into high gear. A readily perceptible change in tone helped OSB producers bolster order files, and many prices posted their biggest weekly gains of the year to date. A bullish report on U.S. housing starts in April caught buyers’ attention Tuesday. The Southern Pine plywood market came to life Tuesday and Wednesday with a solid shot of business. Wholesalers purchasing long positions were among the most active participants. Western Fir plywood prices firmed or posted gains as an upbeat tone took hold Wednesday and carried into Thursday.

(f.o.b. mill prices) This Week
May 22
Last Week
May 15
Year Ago
Random Lengths Structural Panel Composite Price* $362 $354 $388
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 405-440 390-440 415-445
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 405-440 390-440 415-452
Western 1/2-inch 4-ply rated sheathing plywood 394 389 445
North Central 7/16-inch Oriented Strand Board 200 195 235
*Weighted average of 11 key items



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

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