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U.S. lumber and panel market reports

August 03, 2015

U.S.: Lumber and panel market report ---- Week 30  2015

Random Lengths Lumber Market Report
Prices closed out July on a soft footing, as uncertainty loomed with August’s arrival. All eyes were on Canada, and how S-P-F mills will approach the market in the new month given a lower SLA export tax and a favorable exchange rate. Buyers widely anticipated heavier shipments from north of the border, while a hefty discount in September futures compared to cash prices also weighed on the market. Softness was evident in most framing lumber species, and the Random Lengths Framing Lumber Composite Price fell $8.


  This Week
Jul 31
Last Week
Jul 24
Year Ago
Random Lengths Framing Lumber Composite Price* $332 $340 $385
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 278 295 348
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 375 380 440
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 340 351 342
Southern Pine (Westside) #2 2x4 R/L 330 325 443
KD Coast Hem-Fir #2&Btr 2x4 R/L 325 335 367
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 665 665 690
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel supplies continued to outpace demand, and downward price pressure was unabated. Most OSB traders described sales as steady to brisk across North America. Prices, however, continued to erode in most markets. The Southern Pine plywood market continued to grind lower with no sense of urgency from end users. Buyers’ hand-to-mouth purchases trailed mill output. Western Fir plywood sales were a grind, despite more mills opening to counters. Prices fell unevenly, and quotes spanned wide ranges. 


(f.o.b. mill prices) This Week
Jul 31
Last Week
Jul 24
Year Ago
Random Lengths Structural Panel Composite Price* $341 $347 $408
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 370-412 375-415 480-515
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-412 375-415 482-525
Western 1/2-inch 4-ply rated sheathing plywood 379 389 520
North Central 7/16-inch Oriented Strand Board 184 192 210
*Weighted average of 11 key items




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

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