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U.S. lumber and panel market reports

September 28, 2018

U.S.: Lumber and panel market report ---- Week 39 2018
Random Lengths Lumber Market Report

Prices of framing lumber continued to plummet, although lower prices generated more volume for some sellers than they had seen in weeks. Many secondaries and dealers continued to work down higher-priced inventories. Some buyers, however, cautiously stepped off the sideline to replenish, as prices fell to levels they hadn’t seen in more than a year. The Random Lengths Framing Lumber Composite Price dropped $18, to $405. The $137 drop since the start of the quarter is the steepest on record for the third quarter.  




  This Week
Sep 28
Last Week
Sep 21
Year Ago
Random Lengths Framing Lumber Composite Price* $405 $423 $436
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 350 385 429
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 470 508 536
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 340 370 472
Southern Pine (Westside) #2 2x4 R/L 492 487 418
KD Coast Hem-Fir #2&Btr 2x4 R/L 375 410 460
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 775 775 685
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel sales slowed, and prices fell. OSB prices softened across North America, as producers with loads to sell before month- and quarter-end lowered quotes or opened to counters. The overall pace was sluggish, although blocks were sold at significant discounts in some regions. Southern Pine plywood trading faded amid increased caution among buyers who scaled back purchases out of concern of downside risk. Most western Fir plywood mills opened to counters amid quiet trading.



(f.o.b. mill prices) This Week
Sep 28
Last Week
Sep 21
Year Ago
Random Lengths Structural Panel Composite Price* $467 $475 $528
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 465-510 465-510 507-525
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 470-515 470-515 512-527
Western 1/2-inch 4-ply rated sheathing plywood 461 473 525
North Central 7/16-inch Oriented Strand Board 335 345 448
*Weighted average of 11 key items



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


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