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U.S. lumber and panel market reports

August 10, 2015

U.S.: Lumber and panel market report ---- Week 31  2015

Random Lengths Lumber Market Report
Uncertainty about near-term sales prospects was pervasive, leading buyers to approach the market with caution. Some stuck to the sidelines, awaiting a clearer indication of the market’s next move. Higher volumes expected to ship stateside from Canada, the strength of the U.S. dollar that hindered offshore sales, and oppressive heat that shortened job site hours were variously cited as reasons for the market’s lethargy. Wholesalers saw little news that would encourage long positions, and usually worked back-to-back. 


  This Week
Aug 7
Last Week
Jul 31
Year Ago
Random Lengths Framing Lumber Composite Price* $329 $332 $392
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 278 278 359
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 375 375 446
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 337 340 347
Southern Pine (Westside) #2 2x4 R/L 333 330 462
KD Coast Hem-Fir #2&Btr 2x4 R/L 320 325 370
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 665 665 685
* Weighted average of 15 key items



Random Lengths Panel Market Report
Structural panel trading was mixed. Sales of OSB picked up appreciably Wednesday and Thursday, allowing producers to firm quotes and book at higher levels for the first time since mid-June. Western Fir plywood prices fell to levels that buyers felt more comfortable with at midweek, prompting several to step off the sidelines. The stronger sales pace in OSB and western plywood didn’t carry over to Southern Pine. Field inventories were light, but buyers felt no urgency to do more than fill in.


(f.o.b. mill prices) This Week
Aug 7
Last Week
Jul 31
Year Ago
Random Lengths Structural Panel Composite Price* $341 $341 $410
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 363-405 370-412 482-520
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 363-410 370-412 482-530
Western 1/2-inch 4-ply rated sheathing plywood 380 379 524
North Central 7/16-inch Oriented Strand Board 187 184 210
*Weighted average of 11 key items




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

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