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U.S. lumber and panel market reports

November 18, 2016

U.S.: Lumber and panel market report ---- Week 45 2016
Random Lengths Lumber Market Report
Sales of framing lumber jumped Thursday after the Commerce Department released its U.S. housing starts report for October. The sharp gain was one of several catalysts sparking trader confidence and allaying fears of downside risk. News coverage on the U.S.-Canada trade dispute and expectations that the U.S. would soon file a trade case against Canada generated some buzz. Gains in January futures after Tuesday’s close of the November contract also helped to spur activity.


  This Week
Nov 18
Last Week
Nov 11
Year Ago
Random Lengths Framing Lumber Composite Price* $346 $344 $326
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 308 305 260
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 392 392 367
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 323 318 307
Southern Pine (Westside) #2 2x4 R/L 428 425 415
KD Coast Hem-Fir #2&Btr 2x4 R/L 330 325 323
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 625 635 660
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel markets kicked into a higher gear. OSB trading jolted to life, and some mills reported their strongest sales in months. Activity had already gained momentum when Thursday’s release of the October housing report fueled even stronger sales. Southern Pine plywood mills pushed order files out to the weeks of November 28 and December 5 and firmed prices. Western Fir plywood sales picked up Wednesday afternoon, with robust sales the rest of the week. Some mills reported their best sales in months.

(f.o.b. mill prices)

(f.o.b. mill prices) This Week
Nov 18
Last Week
Nov 11
Year Ago
Random Lengths Structural Panel Composite Price* $364 $364 $366
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 348-380 348-378 360-395
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 350-385 350-380 360-395
Western 1/2-inch 4-ply rated sheathing plywood 340 337 349
North Central 7/16-inch Oriented Strand Board 287 287 257
*Weighted average of 11 key items



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

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