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U.S. lumber and panel market reports

October 14, 2016

U.S.: Lumber and panel market report ---- Week 40  2016
Random Lengths Lumber Market Report
Framing lumber sales thus far in October failed to meet expectations, leaving price trends and traders’ outlooks on the market muddled. The standstill period under the expired Softwood Lumber Agreement came to an end at midweek. With no immediate filing of a petition by U.S. interests to open a new trade case against Canada, there was little drama, but continued uncertainty looking forward. Meanwhile, the desire to draw inventories down amid a measured start to the month was widely evident. 


  This Week
Oct 14
Last Week
Oct 7
Year Ago
Random Lengths Framing Lumber Composite Price* $358 $358 $305
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 325 325 250
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 415 414 346
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 332 332 295
Southern Pine (Westside) #2 2x4 R/L 434 431 350
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 330 300
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 665 670 660
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel sales were mixed, with Southern Pine plywood leading the way. Activity in OSB waned following the storm-fueled surge in sales the previous week. Prices in most regions were flat to up slightly. Southern Pine plywood producers reported a steady week of sales. Customers with needs to cover didn’t hesitate to place orders if the loads could be shipped quickly. The pace slowed in western Fir plywood markets, as buyers purchased hand-to-mouth and looked for discounts. 

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Oct 14
Last Week
Oct 7
Year Ago
Random Lengths Structural Panel Composite Price* $377 $375 $353
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 365-385 355-380 360-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-400 360-390 360-390
Western 1/2-inch 4-ply rated sheathing plywood 378 385 365
North Central 7/16-inch Oriented Strand Board 287 287 232
*Weighted average of 11 key items



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

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