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U.S. lumber and panel market reports

July 20, 2015

U.S.: Lumber and panel market report ---- Week 28  2015

Random Lengths Lumber Market Report
Framing lumber buyers adopted a more cautious approach as July moved past its midpoint. Uncertainty about the market’s near-term direction abounded amid a bevy of issues to sort through. Prices that had been on an upward track leveled off, while those that were trending down failed to find any footing. Southern Pine was notably weaker than other framing lumber species, and the Random Lengths Framing Lumber Composite Price posted a $4 decline largely on SYP’s weakness. 


  This Week
Jul 17
Last Week
Jul 10
Year Ago
Random Lengths Framing Lumber Composite Price* $344 $348 $381
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 302 302 354
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 386 388 445
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 352 347 340
Southern Pine (Westside) #2 2x4 R/L 332 342 413
KD Coast Hem-Fir #2&Btr 2x4 R/L 338 338 365
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 670 670 710
* Weighted average of 15 key items




Random Lengths Panel Market Report
Structural panel prices were mostly lower, with weakness in OSB growing more apparent as the week progressed. The availability of quick-shipping loads prompted producers to take a more aggressive approach to pricing. Further weakening of the loonie gave Canadian producers additional inventive to ship loads across the border. Prices of Southern Pine plywood were flat to down, with most of the price cuts reported early in the week. Prices held up best in western Fir plywood, although weakness crept into a few items.



(f.o.b. mill prices) This Week
Jul 17
Last Week
Jul 10
Year Ago
Random Lengths Structural Panel Composite Price* $352 $357 $392
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 380-420 385-420 435-475
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 382-420 385-420 453-490
Western 1/2-inch 4-ply rated sheathing plywood 393 390 485
North Central 7/16-inch Oriented Strand Board 197 203 213
*Weighted average of 11 key items





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

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