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U.S. lumber and panel market reports

 January 15, 2016

U.S.: Lumber and panel market report ---- Week 2  2016
Random Lengths Lumber Market Report
Buyers maintained a low profile through mid-January, limiting purchases to fill-ins or loadings that they perceived as values. Wintry weather arriving in key markets, economic concerns, and Friday’s close of the January futures contract were oft-cited reasons for the lack of activity. Producers gave ground grudgingly, clinging to thin order files where they could. With weakness creeping into most species, the Random Lengths Framing Lumber Composite Price dipped $5, to $315.


  This Week
Jan 15
Last Week
Jan 8
Year Ago
Random Lengths Framing Lumber Composite Price* $315 $320 $383
KD Western S-P-F #2&Btr 2x4 R/L Mill Price 265 273 336
KD Eastern S-P-F #1&2 2x4 R/L, delivered Great Lakes 360 375 442
Green Douglas Fir Std&Btr 2x4 R/L (Portland) 290 290 312
Southern Pine (Westside) #2 2x4 R/L 405 412 465
KD Coast Hem-Fir #2&Btr 2x4 R/L 303 303 345
Ponderosa Pine (Inland) #2&Btr 1x12 R/L 660 660 665
* Weighted average of 15 key items





Random Lengths Panel Market Report
Structural panel sales sputtered. A disjointed week left OSB prices adjusting in both directions. In most producing regions, mills had sufficient order files to hold quotes or raise them slightly. Southern Pine plywood sales were a grind, particularly it the latter half of the week. While a few producers stuck to their quotes, others dropped prices and opened to counters. Western Fir plywood mills booked occasional orders, although it took considerable effort and discounting.


(f.o.b. mill prices) This Week
Jan 15
Last Week
Jan 8
Year Ago
Random Lengths Structural Panel Composite Price* $356 $360 $393
Southern (west-east) 15/32-inch 3-ply rated sheathing plywood 370-400 375-405 447-475
Southern (west-east) 15/32-inch 4-ply rated sheathing plywood 370-400 380-412 450-480
Western 1/2-inch 4-ply rated sheathing plywood 344 359 422
North Central 7/16-inch Oriented Strand Board 235 235 205
*Weighted average of 11 key items




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

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