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U.S. lumber and panel market reports

JULY  28, 2014

U.S.: Lumber and panel market report ---- Week 30  2014

Random Lengths Lumber Market Report

Framing lumber trading offered a mix of trends amid an uncertain and unsettled tone. Gains were focused on the upper and stress grades, as well as the wide widths of #2&Btr in Coast species. In contrast, Southern Pine #2 2x8&wdr fell hard as mills aggressively sought to avoid buildups. Weakness was also widely apparent in 2x4 studs, especially 9-foot. In between were Western and Eastern S-P-F, which held near established levels. All told, the Random Lengths Framing Lumber Composite gained $3.


  This Week
Jul 25
Last Week
Jul 18
Year Ago
Random Lengths Framing Lumber Composite Price* $384 $381 $353
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 354 354 323
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 445 445 415
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 340 340 318
Southern Pine (Westside) #2 2x4 R/L 428 413 362
KD Coast Hem-Fir #2&Btr 2x4 R/L 367 365 342
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 700 710 615
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel trading was mixed, but urgency faded overall. Quiet sales persisted in OSB, and prices remained in a flat-to-down trend. A number of traders remained perplexed by the disconnect between plywood and OSB prices. Southern Pine plywood sales cooled as the week progressed, but upward price pressure was unabated. Most mills finished the week quoting shipments for the week of August 18 or beyond. Some western Fir plywood buyers scrambled to cover needs throughout the week, and any offerings were promptly scooped up.


(f.o.b. mill prices) This Week
Jul 25
Last Week
Jul 18
Year Ago
Random Lengths Structural Panel Composite Price* $405 $392 $395
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 465-505 435-475 390-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 477-515 453-490 395-425
Western 1/2-inch 4-ply rated sheathing plywood 515 485 402
North Central 7/16-inch Oriented Strand Board 210 213 270
*Weighted average of 11 key items




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

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