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U.S. lumber and panel market reports

January  12, 2015

U.S.: Lumber and panel market report ---- Week 1  2015

Random Lengths Lumber Market Report

Framing lumber sales sputtered, dimming traders¨ hopes for a strong start to the new year. The frigid air mass that invaded the eastern two-thirds of the U.S. was a key reason for many to delay purchases. But there were others. Early week weakness in the futures market, and the discount to cash ahead of next week¨s close was another factor. Some traders also wondered whether slumping oil prices would impact the housing market, particularly in Texas, which has been a housing and lumber-consuming juggernaut.


  This Week
Jan 9
Last Week
Dec 31
Year Ago
Random Lengths Framing Lumber Composite Price* $383 $385 $394
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 336 340 372
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 442 442 463
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 312 317 378
Southern Pine (Westside) #2 2x4 R/L 465 465 436
KD Coast Hem-Fir #2&Btr 2x4 R/L 345 345 390
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 665 665 825
* Weighted average of 15 key items





Random Lengths Panel Market Report

Structural panel markets got off to a sluggish start in the new year. Freezing temperatures across a large portion of the U.S. and Canada slowed jobsite activity and sales of OSB. Strength of the U.S. dollar prompted Canadian producers to seek sales in the U.S. The Southern Pine plywood market was slow to get into gear following the year-end breaks. Buyers were cautious, purchasing only what they had to have. Activity in western Fir plywood generally fell short of most traders¨ expectations. 


(f.o.b. mill prices) This Week
Jan 9
Last Week
Dec 31
Year Ago
Random Lengths Structural Panel Composite Price* $393 $394 $368
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 447-475 447-484 372-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 450-480 452-492 375-410
Western 1/2-inch 4-ply rated sheathing plywood 422 420 378
North Central 7/16-inch Oriented Strand Board 205 205 233
*Weighted average of 11 key items




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

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