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U.S. lumber and panel market reports

October 21, 2016

U.S.: Lumber and panel market report ---- Week 41  2016
Random Lengths Lumber Market Report
Many framing lumber prices eroded in sluggish trading. Producers lowered quotes on #2&Btr offerings and opened to counters to generate orders. Some stayed out of the fray on the strength of order files extending through October. By many accounts, October was turning out to be a disappointment after September failed to meet expectations. With key prices in most species working lower, the Random Lengths Framing Lumber Composite Price posted a $2 drop, its first decline in five weeks.


  This Week
Oct 21
Last Week
Oct 14
Year Ago
Random Lengths Framing Lumber Composite Price* $356 $358 $316
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 318 325 262
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 409 415 358
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 330 332 298
Southern Pine (Westside) #2 2x4 R/L 434 434 371
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 330 300
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 655 665 660
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading lacked urgency. OSB prices drifted sideways in most producing regions amid a modest week of sales. The exception was Western Canada and delivered markets in the Pacific Northwest, where producers accepted counters to push order files into November. Southern Pine plywood sales slowed at the mill level and prices flattened. Much of the week’s activity focused on shipments. Western Fir sheathing sales slowed, and traders sensed that supply was outpacing demand. East Coast markets were particularly quiet.


(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Oct 21
Last Week
Oct 14
Year Ago
Random Lengths Structural Panel Composite Price* $376 $377 $358
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 367-385 365-385 365-398
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 373-400 370-400 368-400
Western 1/2-inch 4-ply rated sheathing plywood 365 378 367
North Central 7/16-inch Oriented Strand Board 287 287 238
*Weighted average of 11 key items



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

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