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U.S. lumber and panel market reports

Jun 24, 2013

U.S.: Lumber and panel market report ---- Week 26  2013

Random Lengths Lumber Market Report

Prices of framing lumber continued to plunge. But many traders sensed a better tone to the market as lower prices drew in more orders from domestic and overseas buyers. Trends ran the gamut, from sharp double-digit cuts in Canadian S-P-F, to milder discounting in the West, to firming quotes in Southern Pine. A growing list of mill curtailments in the West got traders¨ attention, and weakness moderated in green and dry Fir. The narrows of random dimension and studs continued to lead the price retreat.


  This Week
Jun 21
Last Week
Jun 14
Year Ago
Random Lengths Framing Lumber Composite Price* $322 $331 $325
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 287 303 292
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 380 399 400
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 265 268 240
Southern Pine (Westside) #2 2x4 R/L 330 337 334
KD Coast Hem-Fir #2&Btr 2x4 R/L 320 323 302
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 600 600 560
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel prices continued to plummet. The Random Lengths Structural Composite Price fell for a 10th consecutive week, the longest such stretch since fall 2008. Prices of OSB fell under heavy downward pressure, extending the trend that has been nearly uninterrupted for the entire second quarter. Downward pressure was unabated in Southern Pine plywood markets. The overall tone remained bearish. Western Fir plywood sales were spotty for most producers. Prices declined modestly on low sales volumes.


(f.o.b. mill prices) This Week
Jun 21
Last Week
Jun 14
Year Ago
Random Lengths Structural Panel Composite Price* $380 $399 $374
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 355-375 375-395 385-398
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 355-375 375-395 390-405
Western 1/2-inch 4-ply rated sheathing plywood 350 360 417
North Central 7/16-inch Oriented Strand Board 265 295 255
*Weighted average of 11 key items



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

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