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U.S. lumber and panel market reports

 
September  22, 2017


U.S.: Lumber and panel market report ---- Week 38  2017
Random Lengths Lumber Market Report
Sales of framing lumber cooled modestly from the previous week, but they were strong enough for producers to maintain upward pressure on prices. Buyers tended to purchase cautiously, wary of an eventual market turn at what are historically higher price levels in most species. However, the need to replenish amongst a wide cross section of buyers fed a steady flow of orders back to the mills. An $8 gain in the Random Lengths Framing Lumber Composite Price pushed the index to $429, its highest level since March 2013.

 

  This Week
Sep 22
Last Week
Sep 15
Year Ago
2016
Random Lengths Framing Lumber Composite Price* $429 $421 $352
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 423 416 312
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 524 512 410
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 472 467 332
Southern Pine (Westside) #2 2x4 R/L 403 386 415
KD Coast Hem-Fir #2&Btr 2x4 R/L 450 440 327
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 675 675 680
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report
Structural panel prices surged for a third consecutive week. Extended mill order files and lean inventories fueled OSB prices to another round of double-digit increases across the South. Brisk sales to home centers jostled an otherwise conservative trading pace in the region. Demand for Southern Pine plywood calmed down a bit, but extended order files, mills off the market, and transportation issues kept upward pressure on most prices. Western Fir plywood sales slowed modestly, largely because highly desired prompt loadings were non-existent.

 

(f.o.b. mill prices)

 

(f.o.b. mill prices) This Week
Sep 22
Last Week
Sep 15
Year Ago
2016
Random Lengths Structural Panel Composite Price* $521 $504 $383
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 500-520 480-495 355-375
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 505-520 485-500 355-380
Western 1/2-inch 4-ply rated sheathing plywood 521 515 407
North Central 7/16-inch Oriented Strand Board 445 435 300
*Weighted average of 11 key items
 
 
 

 

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

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