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U.S. lumber and panel market reports

JUNE  09, 2014


U.S.: Lumber and panel market report ---- Week 23  2014

Random Lengths Lumber Market Report

Less than a week into the month, some traders were already calling framing lumber markets  ^ the June swoon. ̄ Prices eroded in the West and Canada, while a mix of recent trends flattened in Southern Pine. In total, traders noted decent liquidity, but it often took lower prices and a more aggressive approach on the part of sellers to entice buyers. Declines far outnumbered gains, and the Random Lengths Framing Lumber Composite Price fell $6, to $375. 

 

  This Week
Jun 6
Last Week
May 30
Year Ago
2013
Random Lengths Framing Lumber Composite Price* $375 $381 $340
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 314 328 307
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 421 431 407
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 300 315 295
Southern Pine (Westside) #2 2x4 R/L 412 406 345
KD Coast Hem-Fir #2&Btr 2x4 R/L 388 400 330
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 750 750 600
* Weighted average of 15 key items

 

 

Random Lengths Panel Market Report

Structural panel buyers lacked urgency, and sales were lethargic. To entice buyers, OSB producers took a more aggressive approach to pricing at midweek. A number of producers said their sales improved, but it usually took double-digit discounts to book orders. Southern Pine plywood sales were hit and miss, as buyers sat on PO books waiting for the dust to settle. Orders at most mills lagged production. After an exceedingly dull start to the week, western Fir plywood activity perked up midday Thursday and helped the week end with a more upbeat tone. 

 

(f.o.b. mill prices) This Week
Jun 6
Last Week
May 30
Year Ago
2013
Random Lengths Structural Panel Composite Price* $371 $382 $414
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 405-425 412-440 390-425
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 405-433 412-445 390-430
Western 1/2-inch 4-ply rated sheathing plywood 409 423 375
North Central 7/16-inch Oriented Strand Board 215 230 312
*Weighted average of 11 key items

 

 

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

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