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U.S. lumber and panel market reports

May 18, 2015

U.S.: Lumber and panel market report ---- Week 19  2015

Random Lengths Lumber Market Report

Trading in framing lumber was mixed. The tone of the market improved in Canada and the West, but downward pressure was unabated in the South. Activity Thursday was sparked by a surge in futures ahead of Friday¡¯s close of the May contract. Wholesaler short covering and cautious distribution replenishment were key factors. Many prices firmed, but any gains were generally small. Prevailing weakness in Southern Pine was a key factor in a $5 drop in the Random Lengths Framing Lumber Composite Price.

  This Week
May 15
Last Week
May 8
Year Ago
Random Lengths Framing Lumber Composite Price* $310 $315 $380
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 251 252 347
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 347 345 440
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 288 290 327
Southern Pine (Westside) #2 2x4 R/L 345 365 393
KD Coast Hem-Fir #2&Btr 2x4 R/L 297 300 405
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 670 750
* Weighted average of 15 key items


Random Lengths Panel Market Report

Sales and price trends were mixed in structural panel markets. With demand picking up and the impact of recent mill curtailments being felt, prices of OSB posted modest increases in most regions of North America. Southern Pine plywood prices finished lower, but the tone of the market was markedly upbeat at the end of the week. Sizable volumes of rated sheathing traded Thursday, often at sharp discounts. The tone was mixed in western Fir plywood markets. Uneven activity befuddled most traders.

(f.o.b. mill prices) This Week
May 15
Last Week
May 8
Year Ago
Random Lengths Structural Panel Composite Price* $354 $357 $389
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 390-440 405-455 415-445
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 390-440 405-460 415-452
Western 1/2-inch 4-ply rated sheathing plywood 389 389 449
North Central 7/16-inch Oriented Strand Board 195 190 235
*Weighted average of 11 key items



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

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