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U.S. lumber and panel market reports

September  22, 2014

U.S.: Lumber and panel market report ---- Week 38  2014

Random Lengths Lumber Market Report

Framing lumber prices retreated, and skittish buyers moved to the sidelines to see where the market would settle. Sectors of the market remained steady, but buyers overall kept purchases to a minimum if they stepped in at all. Seasonal slowing was noted at the distribution and dealer levels, although fear of further downside risk was a bigger factor dissuading buyers. The cash market¨s significant premium to futures also weighed on buyers, while Thursday¨s August housing report undermined sentiment.


This Week
Sep 19
Last Week
Sep 12
Year Ago
Random Lengths Framing Lumber Composite Price* $394 $404 $373
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 351 362 351
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 436 450 444
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 320 330 318
Southern Pine (Westside) #2 2x4 R/L 475 495 396
KD Coast Hem-Fir #2&Btr 2x4 R/L 370 375 360
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 680 680 710
* Weighted average of 15 key items



Random Lengths Panel Market Report

Structural panel trading was heavy to plywood. OSB traders lacked urgency, and the resulting dearth of activity left sheathing prices flat or drifting slightly downward. Contract shipments covered most short-term needs. The tone of the Southern Pine plywood market improved as the week progressed. By Friday morning, downward price pressure had largely evaporated. Western Fir plywood sales got a jolt on Tuesday after news of a fire at Roseburg Forest Products¨ veneer mill in Weed, Calif., pulled previously hesitant buyers off the fence.


(f.o.b. mill prices) This Week
Sep 19
Last Week
Sep 12
Year Ago
Random Lengths Structural Panel Composite Price* $402 $401 $376
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 438-490 440-490 382-400
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 458-505 455-502 385-410
Western 1/2-inch 4-ply rated sheathing plywood 478 469 410
North Central 7/16-inch Oriented Strand Board 222 222 243
*Weighted average of 11 key items




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

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