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U.S. lumber and panel market reports

March  24, 2014

U.S.: Lumber and panel market report ---- Week 12  2014

Random Lengths Lumber Market Report

Sputtering demand of recent weeks resulted in widening cracks in prices of framing lumber, as spring time officially arrived ! at least on the calendar. Purging buildups was a priority for producers in most regions. The exception was Western Canada, where continued shortages of cars kept many producers unwilling to lower quotes amid their inability to ship a large volume of orders already on the books. Nonetheless, softening prices left many buyers wary that today¨s purchases could be worth less tomorrow. 



  This Week
Mar 21
Last Week
Mar 14
Year Ago
Random Lengths Framing Lumber Composite Price* $384 $387 $441
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 366 368 408
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 447 451 502
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 363 375 390
Southern Pine (Westside) #2 2x4 R/L 409 417 472
KD Coast Hem-Fir #2&Btr 2x4 R/L 402 405 440
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 725 735 625
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel sales ranged from steady to quiet. End-of-quarter pressures and memories of last year¨s second-quarter meltdown kept buyers of OSB on the sidelines. Southern Pine plywood sales were steady enough to keep the market on a firmer footing than OSB or western Fir plywood. Order files mostly extended into the week of March 31. Another week of lackluster activity left traders scratching their heads and wondering when business would pick up. Prices were flat to down a few dollars. 



(f.o.b. mill prices) This Week
Mar 21
Last Week
Mar 14
Year Ago
Random Lengths Structural Panel Composite Price* $365 $366 $514
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 379-417 377-417 475-495
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 387-419 385-417 485-512
Western 1/2-inch 4-ply rated sheathing plywood 383 388 450
North Central 7/16-inch Oriented Strand Board 215 215 430
*Weighted average of 11 key items



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

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