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U.S. lumber and panel market reports

August 26, 2016

U.S.: Lumber and panel market report ---- Week 34  2016
Random Lengths Lumber Market Report
Buyers retreated to the sidelines as framing lumber prices sagged amid lighter sales across the distribution system. Caution was fueled by a perception that production was outpacing sales, the approach of month-end, bad weather in parts of the South and Midwest, and weakness in futures. A sense that mills were in weaker positions to stem the price slide compared to earlier summer bouts of softness also contributed to buyer caution. The Random Lengths Framing Lumber Composite Price fell $6.


  This Week
Aug 26
Last Week
Aug 19
Year Ago
Random Lengths Framing Lumber Composite Price* $362 $368 $319
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 316 329 268
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 429 431 375
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 335 345 320
Southern Pine (Westside) #2 2x4 R/L 420 426 325
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 335 315
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 695 700 665
* Weighted average of 15 key items



Random Lengths Panel Market Report
Price trends were mixed in structural panel markets. Western Fir plywood enjoyed a brisk pace of sales, and prices were on the rise. Buyers who had been waiting for prices to fall couldn’t wait any longer and bulked up thin inventories. In Southern Pine plywood, prices of sheathing were mostly static. Producers kept their focus on extending order files. Sales of OSB were modest in most producing zones, and prices eroded. One exception was Western Canada, where most traders sensed a bottom had formed.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Aug 26
Last Week
Aug 19
Year Ago
Random Lengths Structural Panel Composite Price* $390 $392 $354
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 367-387 367-387 378-415
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-390 367-387 383-417
Western 1/2-inch 4-ply rated sheathing plywood 415 405 409
North Central 7/16-inch Oriented Strand Board 300 305 205
*Weighted average of 11 key items



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

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