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U.S. lumber and panel market reports

April  20, 2015

U.S.: Lumber and panel market report ---- Week 15  2015

Random Lengths Lumber Market Report

A bearish tone prevailed throughout the framing lumber market, as most buyers steered clear of all but must-have purchases. Traders seized on three indicators: a 26% year-to-date drop in North American exports to China; a 10% increase in Canadian shipments to the U.S. through February; and a disappointing housing report for March. Against that backdrop, traders sensed that supply and demand were out of balance, and drops in most species pushed the Random Lengths Framing Lumber Composite down $4. 


  This Week
Apr 17
Last Week
Apr 10
Year Ago
Random Lengths Framing Lumber Composite Price* $332 $336 $362
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 249 269 334
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 361 369 435
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 290 295 335
Southern Pine (Westside) #2 2x4 R/L 408 406 370
KD Coast Hem-Fir #2&Btr 2x4 R/L 305 310 388
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 670 735
* Weighted average of 15 key items




Random Lengths Panel Market Report

Structural panel prices gave way to downward pressure amid lethargic sales in all markets. Prices remained adrift in nearly all OSB producing regions because of thin mill order files and weak demand. Southern Pine sheathing prices fell at a steeper rate. Buyers at all levels of the distribution network showed little urgency, confining purchases to highly mixed loads that addressed immediate needs. Western Fir plywood sales were infrequent and largely concentrated along the West Coast in an overall lackluster week.


(f.o.b. mill prices) This Week
Apr 17
Last Week
Apr 10
Year Ago
Random Lengths Structural Panel Composite Price* $364 $369 $359
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 423-470 430-487 378-410
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 425-475 435-490 378-417
Western 1/2-inch 4-ply rated sheathing plywood 418 425 387
North Central 7/16-inch Oriented Strand Board 175 180 210
*Weighted average of 11 key items




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

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